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PennyMaven

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PennyMaven

Re: PennyMaven post# 76987

Friday, 11/30/2007 10:36:10 PM

Friday, November 30, 2007 10:36:10 PM

Post# of 143047
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Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.


The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
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