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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: hcirteg who wrote (5852)12/9/1998 5:44:00 PM
From: Greg McDaniel  Read Replies (3) | Respond to of 27311
 
hcirteg, I pulled up the candlestick chart just now and found a bullish continuation signal, upside tasuki gap. It is a rare pattern I have found a strong positive correlation to the future movement of a stock with this pattern. Hey, maybe this is eastern method of indicating some of that backing and filling stuff. Regardless I will be keeping an eye on the charts throughout the week(s) ahead. Keep your eyes on it as well as I enjoy your commentary. LOL with your options!

The Upside Tasuki Gap is a bullish continuation pattern. It is formed when a white candlestick which gaps higher is followed by a black candlestick of about the same size which opens within the white real body and closes under the white's real body. Tasuki Gaps are rare.