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DarkPool

08/16/16 3:15 PM

#1167 RE: RollinPennies #1166

Lol tad bit oversold. Shorty got caught trading off the 8k. Then epic dropped another 8k and the shorts can't find jack to cover.

Here a little secret I've been using last year. Wish some would have told me sooner. Just gotta know what shorties working with. This is a great brokers to get short shares FYI!

https://suretrader.com
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PENNIEStoSTACKS

08/16/16 6:21 PM

#1186 RE: RollinPennies #1166

BULLISH REVERSAL HAMMER or DragonFly Doji ?

Pattern: reversal
Reliability: low/moderate

Identification
A small real body forms at the upper end of a trading range with a long lower shadow (the longer the more bullish) with no, or almost no upper shadow.
The Psychology
In a downtrend or within a pullback of an uptrend, a sharp intraday sell-off is followed by a reversal which causes the stock to close near its opening price near the day’s high. This hints at the possibility of a reversal. Bulls most likely were shaken out by the intraday weakness, and shorts start getting a little worried with the bounce. The pattern is a slightly more reliable if the real body is white, but a strong following day on solid volume is still needed to confirm the pattern.

The bullish Hammer is similar to the bullish Dragonfly Doji, bearish Hanging Man, and bearish Dragonfly Doji.