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Re: ClayTrader post# 37696

Tuesday, 08/25/2009 5:00:56 PM

Tuesday, August 25, 2009 5:00:56 PM

Post# of 50030
Clay - on your QASP video you didnt mention the fact that today's candle was a fully engulfing red candle Although the stock made a higher high, wouldn't that indicate a higher probability of a pull back tomorrow as a bearish indicator? If you look at the chart, each time a fully engulfing candle formed in the past few months, the stock price retreated.

Maiamai

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