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stockpsychic

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stockpsychic

Re: johnsomw1 post# 4

Friday, 12/08/2006 2:45:07 PM

Friday, December 08, 2006 2:45:07 PM

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well here's a little lesson, pull up a candlestick chart; when a day of trading opens and closes around the same price it forms what is called a spinning top, because on the candlestick chart it looks like a spinning top, Bullish Engulfment is when a stock has a down day such as IQWB today, and then the next trading day the stock closes above the open of the previous down day so the body of the candlestick "engulfs" the previous candlestick, all big signs in a reversal of momo...so keep your eyes open bud
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