Replies to post #59248 on 02 Secure Wireless, Inc. (OTOW)

[miltonjayro]

Hammer -- a candlestick with a long lower shadow and small real body. The shadow should be at least twice the length of the real body, and there should be no or very little upper shadow. The body may be either black or white, but the key is that this candlestick must occur within the context of a downtrend to be considered a hammer. The market may be "hammering" out a bottom.


http://www.japanesecandlesticks.com/reversalpatternsindex2.htm

Take a look how this stock is showing similar move to APRIL .0006-.0026

http://stockcharts.com/h-sc/ui?s=OTOW&p=D&b=5&g=0&id=p38110908203&a=272810055&listNum=1