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To: HeyRainier who wrote (101)12/11/1997 4:25:00 PM
From: HeyRainier  Respond to of 857
 
Fantastic close today. Today's close in Candlestick terms is a Bullish Hammer, which signifies a potential reversal, or a halting of a downturn. Given the short term pullback after the recent highs, this manifestation at current levels gives greater credit to the support level now established at 3.5. For those who are interested in candlesticks (particularly day traders), please take a look at the following link for further explanations:

scifi.co.uk

And there is also a Candlestick thread I host on SI:

exchange2000.com

Regards,

Rainier