BlackStar Enterprise Group Inc (BEGI)

[kid biscuit]

Wait till the next 3 days are over, I'm guessing you may change your vote. For me its not that the last hr fri closed up. Its that the last 2 weeks of hourly charts show the seller shares volume are less and less every day, all the way down to fri. close. Now look at the daily chart with 1 stick for each day. As some others have mentioned the candlestick. Thats what you want as the 1st sign of reaching a true support level and the start of the reversal. When studying the bullish hammer its easy to see it is part of reading any bottom, especially combined with less or no selling left on the table and a daily chart showing fewer shares as the pps finally stops the downtrend with an uptick. A good low risk bottom is going to have those 3 factors or it isnt a true bottom. Algorithithm are only algebraic formula for reading human emotion or behavior. No news is necessary to read or act upon them. Cheers.