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Saturday, 05/11/2019 12:09:26 AM

Saturday, May 11, 2019 12:09:26 AM

Post# of 10949
Hammering out a bottom

Dare I say today's trading is setting the stage for a bottom.
The Hammer Candlestick was formed as you can see from the chart below. This signals a possible trend reversal and is a better indicator when volume is above average like today was. Who knows for sure, but that's what the pattern says anyway. So figured I'd share.

https://www.hotcandlestick.com/chart.pl?symbol=Ribt&cur=0&ctabs=8&date17=&MA=bb&MApars=20%2C2&MA2=&MApars2=
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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