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To: C Wright who wrote (5850)1/27/1998 4:04:00 PM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
Carol, CMYN won't fit a Tweezer Bottom.

The Lows have to be = Equal. Was going more by the B/A Size and the Candle Forming.

Bidders are Buyers.

When the Ask SIZE is much higher than the Bid SIZE. They are Selling it out.

And Vise Versa.

I also look closely at the Tics +===-+====

Ray



To: C Wright who wrote (5850)1/28/1998 1:30:00 AM
From: Galirayo  Read Replies (4) | Respond to of 9262
 
[ CMYN ] Carol,

If you go by the close and open. Then, Yes CMYN is showing a Tweezer Bottom for the last 2 Days.

A Tweezer Bottom won't compare or hold up against a Moving Average.
It'll need something more.

But the Hammer is a Good Start. Would you call that a Harami Pattern?
The trading range is so close it's easily overlooked.

Ray


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