Replies to post #43327 on Cannabis Science Inc (fka CBIS)

[duelittle2]

Not a Black Spinner!..fwiw

[SmarTrader]

AGAIN, I will ask you politely.
You have made substantial claims by stating the company diluted today. This post was saved by myself and will be forwarded to the prooper authorities if you can't provide proof for this. That is illegal. You CANNNOT be stating these detrimental things without proof..

AGAIN I ASK YOU : HOW DO YOU KNOW THE COMPANY WAS DILLUTING TODAY?????

If you do not reply by tomorrow, I will indefinately forward your post about dilution to the proper channels. This game will go on no more.

[ospreyeye]

BEARISH HARAMI

Type: Reversal
Relevance: Bearish
Prior Trend: Bullish
Reliability: Low
Confirmation: Strongly suggested
No. of Sticks: 2

Bearish Harami Pattern is a two-candlestick pattern composed of a small black real body contained within a prior relatively long white real body. “Harami” is an old Japanese word for “pregnant”. The long white candlestick is “the mother” and the small candlestick is “the baby”.....

Recognition Criteria:

1. Market is characterized by an uptrend.
2. We see a long white candlestick on the first day.
3. Then we see a black candlestick on the second day whose real body is completely engulfed by the real body of the first day. The shadows (high/low) of the second candlestick do not have to be contained within the first body, though it's preferable if they are.
Explanation:

The Bearish Harami Pattern is a sign of a disparity about the market’s health. Bull market continues further confirmed by the long white real body’s vitality but then we see the small black real body which shows some uncertainty. This shows the bulls’ upward drive has weakened and now a trend reversal is possible.

Important Factors:

It is important that the second day black candlestick has a minute real body relative to the prior candlestick and that this small body is inside the larger one. The Bearish Harami Pattern does not necessarily mean a market reversal. It rather predicts that the market may not continue with its previous uptrend. There are however some instances in which the Bearish Harami Pattern can warn of a significant trend change - especially at market tops.

A confirmation of the reversal on the third day is required to be sure that the uptrend has reversed. This confirmation may be in the form of a black candlestick, a large gap down or a lower close on the next trading day (the third day).

http://www.candlesticker.com/Cs41.asp