Replies to post #40351 on Data443 Risk Mitigation Inc (ATDS)

[Dr PennyStock]

It was a Doji. The longer lower shadow, and, the shorter upper shadow, tell us that the bears controlled the price during the day, but, the bulls took the control near the close, and, the stock closed near the open price, and, much more closer to the HOD.

All this makes it a reversal candle.

You can read more about this here: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks