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Replies to post #34380 on Imagination TV Inc. (IMTV)
jmoney13
05/02/12 1:42 PM
#34385 RE: was GoldenDD #34380
FloridaGators1975
05/02/12 1:59 PM
#34404 RE: was GoldenDD #34380
This indicates that prices advanced significantly from open to close and buyers were aggressive. While long white candlesticks are generally bullish, much depends on their position within the broader technical picture. If buying gets too aggressive after a long advance, it can lead to excessive bullishness. (stockcharts.com)