One World Ventures Inc. (OWVI)

[tryin2bank]

Here it is in a nutshell...

The stock was on a downtrend. Wednesday's close showed us that the bears were still in control. Thursdays doji tells us that the bears were able to take it down some, but the bulls pulled it back up. The bulls pushed it up some, but the bears pulled it back down. Therefore, the bears have lost the control, but the bulls may (or may not) have control. The third day is always key in a pattern like this.

What we want today is for the candlestick to close as high as possible (of course, duh). But in order for this to be a strong signal, it needs to close at least thru the halfway point of Wednesday's candle. This will show that the bulls are gaining strong control.

To answer your question, we still need to close higher than the .0027 to show we have the momo on our side. A close of .0028 would be good.