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Re: PremierStocks post# 19632

Thursday, 06/05/2008 8:52:41 PM

Thursday, June 05, 2008 8:52:41 PM

Post# of 50030
redsox

Thnx for looking at GLCC and posting a chart. I'm such a noob at charting I didn't realize there were different schools of thought on gaps - wicks and candles.

As Kermit pointed out, some chartists believe "candle bodies have to overlap, wicks don't count."

Again, the concern is the .017 gap.

I guess I'm looking at the candle body ...

Could it be that the 23 May close of .0170 tripped up his candle? High that day was .0190. Following day .0190 was the low.

Thnx again.

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