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spivster

02/27/14 4:16 PM

#180873 RE: Blushing green #180869

Weekly is what I follow here and it's not selling time yet imo. Bullish gulf just started.
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guadis

02/27/14 9:04 PM

#181000 RE: Blushing green #180869

Same thing I was watching out, seems to have room for more growth, very healthy candle for the time being. On the other side volume is in a "normal" range, tops-tops are in a range of 250-300MM and in this case is no more than 100MM, and RSI is just starting to show the logical overbought condition, nothing critical at this very moment.

May be, this long legged Doji is only continuation pattern, sometimes the doji operates as a continuation pattern, the market is deliverating about certain things. I have seen many times that Doji marks the 50% of an up/down trend, like a lighthouse for both sides.

IMO we need to wait till tomorrow to take a sell decision, if the new candle is bearish, out.