Wednesday, April 29, 2009 8:31:00 AM
These long legged doji usually spells something is up. If it had closed at .0008 I would have called it one to watch to see it back to .0006 or lower after a small move up from here.
But ....this doji signals more up IMHO. I bought more @ .0007. - .0008. The weekly chart shows they could bring it back to .0006 and set it up for a trend line. More volume is the ticket for a move higher.
The close of.0009, same as yesterday's close is a great sign they are not done with this.
.0011 is the print to get past. break that and past .0013 we will have a runner. Stall here ......... we are going to see lower numbers.
I would not be surprised if trading is neatly tucked in with in the long lower shadow and does not break .0006. Should not even break .0007.
Now what were you saying about yesterday's doji?
Please inform the board what you meant by it because I am still not clear.
Four
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