Replies to post #3681 on Afinida Inc (TREP)

[duder54]

when the intraday trading day open and day close price form a small body inside the previous day's body, possiable trend change either up or down

[hebroots]

The complete answer for you is to look at an overall discussion and illustrations on candlestick formations.

Here is a link to get you started, the Harami is discussed with examples here. As you scroll through the article you will see a nice picture on how the parts of the candlestick are named.

http://stockcharts.com/education/ChartAnalysis/candlesticks.html

Harami means pregnant in Japanese, so the formation typically looks in side view of a pregnant woman standing.

One more thing, many people try to identify candlestick formations on their own, which can be attempted, but it is better to look to some technical analysis websites which point out the patterns for you. Some of the patterns have a volume component, especially when trying to identify reversal patterns, etc.

I have a program that comes with my Ameritrade account, they call it Candle Guru.

GLTY