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Jayson,
Thanks for replying. I had searched some sites online and couldn't find a
pattern like this one. I also tried the candlestick commentary in AB.
Volume was almost at the 65 day average on the third candle from the right
and has decreased to about 1/2 and 2/3 of the 65 day average on the last two
candles respectively. I'll have to watch what happens in the next few
days.
Thanks for the link to <A
href="">http://www.chartpattern.com/ . I
also have <A
href="">http://www.candlestickshop.com/
and <A
href="">http://www.candlestickshop.com/ and
<A
href="">http://rightline.iqchart.com/partner/rightline/education/candle_longdays.asp in
my bookmarks.
Bye for now.
Greg
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jayson
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Tuesday, December 16, 2003 12:58
AM
Subject: FW: [amibroker] Off topic -
Candle interpretation
<FONT face=Arial color=#0000ff
size=2>Greg,
<FONT face=Arial color=#0000ff
size=2>FWIW, the lower closes coupled with the longish top tails suggest that
the bears are currently driving the stock. A look to the volume should tell
you if the really mean it. A goggle search using
"candlestick chart patterns" revealed several sites that may help you learn
more about chart patterns. You might also take a look at chart pattern.com for
a free trial to his service. There is a lot of good pattern stuff (not all
candlestick) there
Regards,
Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: Greg
[mailto:gregbean@xxxxxxxxxxx]Sent: Monday, December 15, 2003 11:43
PMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker]
Off topic - Candle interpretation
Hi,
The chart didn't make it to yahoo group online, only went in individual
e-mail I guess. Sorry about that. I inserted a png file into the post and
it looked fine before I sent it . I don't know why it doesn't show up at
yahoo. The stock is HGMCY .
Greg
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Greg
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">AmiBroker@xxxxxxxxxxx
Sent: Tuesday, December 16, 2003 12:32
AM
Subject: [amibroker] Off topic - Candle
interpretation
Hi,
I'm trying to learn about candle patterns and wondered if anyone could
tell me something about the last three white candles. Is this bullish
(possibly accumulation)? Or bearish? Most MA's are flat or pointing down, so
I'm thinking this might be a bearish situation. But maybe it will reverse
direction and move up to at least the 144 MA. Anybody care to take a crack
at this?
Greg
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