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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: Scott H. Davis who wrote (203)1/14/1998 8:26:00 PM
From: Scott H. Davis  Read Replies (1) | Respond to of 1720
 
[TA/Market dynamics question] How do you integrate TA and observance of the market. Today, EQNX opened way up due to MM's upping the bid/ask in response tothe news release. The result was a candlestick pattern that has gives the impresion of a down day. Unless you folow this company, you would have thought it had a bearish day looking at the candlestick.

So do you totally toss out today? If you're reviewing a chart for a company you are considering buying, should you attempt to find alternative explainations for technical formations? How can you do this for a company you have not followed previously? Curious, Scott