Sarissa Resources Inc (SRSR)

[reversesplitFTW]

You call that a "hammer"? I think you should brush up on your T/A a bit. The candle that formed is a hanging man. I'll give you a quick lesson, at the top of a trend which SRSR clearly is at it means sellers are starting to take profits but the bulls managed to close it near HOD. In a strong uptrend you want to see large white candles, not small real body candles with shadows underneath. With the candlestick today, it verifies that the bears are starting to take control and exhaust the buyers. This is not a bad thing because consolidation is needed for any large term rise as long as supports hold. Many indicators are overextended and need a rest, look for this coming pullback to add shares, again as long as the proper supports hold. G/L, PM me if you need future help with your T/A.