Medican Enterprises Inc (MDCN)

[entrepreneur61590]

No. a hammer candle looks like a hammer, with no upper shadow. It would look like the price dropped, but recovered and closed above opening price, at the high of day. The chart does look good going by the MACD, despite the downward trend for past few days, the MACD is still heading in a positive direction which is a good sign. Couple that with oversold RSI and we are looking at a few green days coming our way. Id be buying this morning

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