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originalnewt

03/04/15 9:44 AM

#2381 RE: PENNIEStoSTACKS #2380

Inverteded hammers on tops can indicate reversal of uptrend or cpnsolidation about to take place. Not always, but if the hammer starts the day with a gap and builds a long upper wick usually means top found on that particular move up. Same holds true on downtrends. Doji or cross is a fairly nuetral candle meaning bears and bulls fought and ended up in a tie... 50/50 for indicating reversals.