Ashton Technology Group (fka ASTN)

[xxrayeyes]

Candlestick charts are what I always use. But the candles themselves give indications and those are not the indications I am using currently. The Accumulation/Distribution line and Relative Strength Index are the two indicators I am basing my opinions on. The trend lines are also important as they can give you forewarning of a break out either way and also give you a time frame. The candles I use most are hammers and Dojis. They often indicate a top or a bottom, depending on the previous trend. Pull up a chart of basically any stock and look for hammers and dojis and see what happened in the 5 days following them. I think you will see that they do a fair job of predicting short term price movement in any security.

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