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Message: Reversal Confirmation???

Reversal Confirmation???

posted on Mar 08, 2007 04:06AM

Nice to see the 'Hammer' formation after yesterday’s trading. Clearly there was MM signal yesterday at the open. Would not mind to see a repeat of the same action today but would love (need) to see a small gap up today or tomorrow for confirmation regarding reversal and continued uptrend. Need at least a .02 gap with bulls winning another day. If we get the gap up, the candle would need to engulf the last of the three black crows, then this formation will reveal yet another bullish day and continued uptrend. We shall see (hope).

 

 

Disclaimer – This is pure speculation on my part, so please do your own research.

 

GLTA

 

PxP

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