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2X-Be-Me

02/10/06 2:15 PM

#20117 RE: Torqputty #20116

Torqputty, I don't really follow candlesticks, so bear with me as I attempt to interpret that long, spikey candle on your chart. Correct me if I'm wrong, but doesn't a candle with a long lower shadow indicate sellers dominate and will drive prices lower? Thanks. 2X
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GLENO34

02/10/06 2:20 PM

#20119 RE: Torqputty #20116

I don't think they have a candle called "Spikey"..What you are describing is a Hammer or a Hanging Man..The Long tail I think is what you are refering to as Spikey???
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salty24

02/10/06 2:25 PM

#20126 RE: Torqputty #20116

OK ,so I'm dumb. Which way ya think?

"Currently, Q's daily chart is forming a spikey candle. This candle formation at closing speaks loud and clear for future direction"