Replies to post #385 on Candlesticks (CANDLE)

[rayrohn]

IMO the great thing about candlesticks is they give you a good idea where support and resistance is....



the candle flagged as 1 tells me that short term support should be around 2.80

the candle flagged as 2 tested that support

I don't own this stock but if I did I place my stop @ 2.70 or so or just below the 200 day avg which is now 2.75