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bigrun

06/14/13 11:17 AM

#11921 RE: number3 #11920

a hammer shaped candle stick on the charts is a bullish candle and it normally means that the stock will go up the next day. Do a google search on it for a better explanation.he called it a green hammer because the day ended green.

TheyWantYourShares

06/14/13 12:15 PM

#11924 RE: number3 #11920

Its when a stock closes at its HIGH for the day, after dipping during the day.

In BLUE CHIP stocks; on the chart, it is a sign of reversal as the RSI rises and usually brings buyers...

With OTC its a tougher call, as these things can do anything.

I bought SBRH quite a few years ago for .0043 and I dropped $250 on it, and sold at .72 after its RUN to .80 or so. PROFIT was $40k.

ANYTHING can happen!