Redback Networks, Inc. (RBAK)

[PowerPole]

RBAK may be getting Toppy:

It formed a Shooting Star candlestick yesterday on the daily chart...It's working it's way back inside the upper Bollie Band...Money Flow, OBV, and Accumulation took a hit yesterday to the downside...CCI is downticking but not too sharply...RSI is flat, and the ADX still looks good...Stochastics are Overbought with the fast line crossing down through the slow line...MACD is still very strong, but the Volume is turning very weak...



On this daily chart, yesterday's candlestick looks more like a Doji that a Shooting Star...Is it a reversal doji, or is RBAK just taking a break to catch it's breath after running so hard?...When Aroon-red starts upticking, a reversal it will be...