Wednesday, September 25, 2019 4:46:04 PM
The stock ended the day on an inverted hammer. It is a one-day bullish reversal pattern. You would expect to see both the spinning top, as in yesterday and/or the inverted hammer at the end of the waterfall event. What it means is the waterfall event is over {closed out} and IF this is going to go down from here it will have to be something new in the mix. It should also be noted we are very much in the oversold position. In any event yesterdays action and todays can be viewed as a balancing out of the buyers and sellers but again this is oversold. Important to remember that I think. Reasonableness being what it is.
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