Green Leaf Innovations Inc (GRLF)

[rbl147]

I was reading up on 'Rules of Confirmation' defined by Americanbulls, and wondering if I am interpreting it correctly when applied to GDSM's chart today? To my understanding what the 'Rules of Confirmation' is is just another thorough way in reading upward trends and downward trends in when to sell or buy into a stock. Well, anyway, because around GDSM opened at .0044, opening price set what the benchmark is, and then did a sharp downward-trend (dropped in making it looked bearish) and then at the end of the day went up in an upward trend (turns to looked bullish), ending the day at .0045 over the benchmark signaling it is safe to buy in for it has becomes bullish market for GDSM. Of course it said to watch the stock for three days to be certain it follow course. In what I described how the chart acted today does it fit the third description of 'Buy Confirmed'? Just asking because just want to make sure I understood it correctly.

"The market opens with a big downward gap (an opening price way below the previous close) suggesting a very bearish day in this rarely observed case. However, the prices turn up and the day ends with a long white candlestick that still closes below the previous day’s close. The benchmark is the closing price of the long white candlestick. The pattern of this confirmation can be defined as a long white candlestick closing below the previous close."