8000 Incorporated (EIGH)

[chessman]

Candlesticks say ...

If one applies candlestick study to the EIGH chart -- HOURLY -- then there is an INVERTED HAMMER that points to a major reversal in the downtrend. Thus, tomorrow is setting up to be green.

If one applies candlestick study to the EIGH chart -- DAILY -- then there is a DARK CLOUD COVER that could lead to a reversal, but it DOES NOT indicate a strong reversal.

So, we shall see which candlestick study will shine through here -- daily or hourly. Of course, Monk's sucky picks don't always conform to the candlestick studies, so maybe this observation is all for naught.

GO EIGH!

Chessman