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Candlestick Analysis...

posted on Oct 08, 2009 08:15PM

Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.

The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

REF: http://www.americanbulls.com/StockPage.asp?CompanyTicker=PEM&MarketTicker=VSE&TYP=S

Something is cooking!

Panning4Gold

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