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Re: Rosym post# 112367

Wednesday, 04/01/2015 1:59:50 AM

Wednesday, April 01, 2015 1:59:50 AM

Post# of 130498
$AMBS chart - BULLISH INVERTED HAMMER reversal pattern formed Tues. @ 0.005 support - Fast Sto @ 0.00 - EXTREME OVERSOLD - RSI @ 28.05 and below the 30 oversold level -

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2104

Definition

This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish Shooting Star but unlike the Shooting Star, the Inverted Hammer appears in a downtrend and signals a bullish reversal.


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