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To: P.E. Allen who wrote (3837)1/11/1999 5:07:00 PM
From: Eric  Read Replies (2) | Respond to of 27722
 
next resistance 27



To: P.E. Allen who wrote (3837)1/11/1999 6:13:00 PM
From: KS  Read Replies (1) | Respond to of 27722
 
What you're looking at is a gap up candle, not bullish engulfing. The definition of bullish engulfing is:

Engulfing is a reversal pattern, especially after a prolonged trend. It has a long body that totally engulfs the prior day's body.

Recognition Criteria:

The first day's color indicates the trend of the trading day.
The second real body should have the opposite color of the first real body.
The second day's body should completely engulf the previous day's body.
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Long and holding...
KS