Monday 5 August 2013

Quick Side note



"Avoid using candlestick patterns if the price is influenced by news. News overrides candle stick patterns. Candlestick are nullified when the news it let loose"
"When the real body is relatively smaller (Doji & Spinning tops) and each body subsequent to that is the same or smaller this most likely indicates that the stock is losing its momentum and that a possible reversal may be underway". 



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