Look at the doji, the long red candlestick and the bear divergence in stocastics. But the target of this pattern (the inverse head and shoulders) is 19,25. And then? Long or short?. We should wait until the close of the market to make a decision. May be is a buy with SL @ 16.50
Market news and comments. I will post some of the technical alarms and interesting patterns developed in stocks and worldwide indexes.
- Candlesticks
- Investopedia
- On line Trading concepts
- The pattern site
- MIT press http://www.mitpressjournals.org/
Monday, October 11, 2010
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