Friday, January 28, 2011 9:44:21 PM
ARET - Daily Candlesticks
because this sort of chart action is something almost unheard of, namely a stock that is already overbought, has started a normal, healthy correction and then - BAM! - puts in a bullish engulfing candle such as you see made by today's price action.
This is one of the rarest chart patterns there is, and speaks of the incredible power behind whatever is pushing this stock higher.
Couple that with today's record volume - overwhelmingly bullish ( read: buying ) and it means only one thing: people who really do know what's going on inside the Company are buying this as if their life depended on it.
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