AI
IMO the great thing about candlesticks is they give you a good idea where support and resistance is....
the candle flagged as 1 tells me that short term support should be around 2.80
the candle flagged as 2 tested that support
I don't own this stock but if I did I place my stop @ 2.70 or so or just below the 200 day avg which is now 2.75
the candle flagged as 1 tells me that short term support should be around 2.80
the candle flagged as 2 tested that support
I don't own this stock but if I did I place my stop @ 2.70 or so or just below the 200 day avg which is now 2.75
Ray
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