RBE, I thought it was a fair point to highlight given quite a few people were extolling the virtues of inverted hammers last week. If we are to have a balanced discussion about daily candles / price action (which I am most happy to have since I have more interest in TA than FA generally speaking) then I think it is fair (a) to highlight bearish candle formations as well as bullish ones, and (b) not discount one because it is bearish but hang our hats on the other because it is bullish.
Cheers, Sharks
GXY Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
