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Komando Robot

10/04/10 9:31 PM

#1951 RE: The_Free_Nebula #1948

RIMM formed a bearish harami today


What is a bearish harami?

A bearish harami may be formed from a combination of a large white or black candlestick and a smaller white or black candlestick. The smaller the second candlestick, the more likely the reversal. It is thought to be a strong sign that a trend is ending when a large white candle stick is followed by a small black candlestick.

Example:







A nice red close tomorrow will confirm a reversal down trend.