InvestorsHub Logo
Followers 2
Posts 537
Boards Moderated 0
Alias Born 04/18/2005

Re: Smith111 post# 3908

Tuesday, 07/12/2005 4:54:09 PM

Tuesday, July 12, 2005 4:54:09 PM

Post# of 10733
Plus, if I'm not mistaken, today's candle pattern is a hammer. That is a bullish indicator that the little downtrend may have bottomed, and it's expected that the bulls will take control and start a new uptrend. I'm not a day-trader or a swing-trader, so I could have my facts wrong. Can someone touch on this?

http://www.investopedia.com/terms/h/hammer.asp

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y