Replies to post #24030 on World Surveillance Group Inc (fka WSGI)

[justfrank]

Ahhhh just to clarify for you that was yesterday's info. That site has not been updated

You can check out this link and see that Lab is correct about it being a gravestone doji

http://stockcharts.com/education/ChartAnalysis/CandlestickDictionary.htm

[labrador]

Yestarday was a black closing marubozu.
The Black Closing Marubozu can be either the initial phase of a bearish continuation pattern or it may signal a bullish reversal depending on the preceding day's candlesticks. Is has low reliability.

Today is a Gravestone Doji wich is a medium reliability bullish reversal.

So Today can be a confirmation of yestarday signal for a bullish reversal.

Yestarday and today candesticks look positive to me.

A confirmation tomorrow by open price @1.17-1.20 or green day will be a high relibility signs for bullish reversal.