A large red candle yesterday closing at its low and a gap up open today. Open at $2.84 vs close yesterday of $2.82. This is a good sign.
A close at $2.84 or higher today (the open level) would be good.
Owing to the gap up open and if we get a close at least $2.84, today's candle shaping up as a Harami Cross or Harami. Appearing after a down trend= a good sign.
If I had not already bought, I would buy today with probability of a move higher from here more likely than lower.
Commencement of a bounce (to low $2.90's or more) will be confirmed if we get a green candle tomorrow with some decent green body.
Shown are examples. You decide.
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