incredible close, but what's ahead of us?, page-2

Last significant rejection of higher prices occurred on 25/9 (high 75c and close 67c) was followed by a much higher closing price of 76c the next trading day. Yesterday was the most recent significant rejection day (high 105c and close 94c) and was followed by a next day high close of 118c.

Bit rusty on the candles but i think the significant rejection days with similar open/close prices are called shooting stars. Whatever they are called, i am looking for the next one!!!

As far as next week is concerned, since we also had a much lower close of 69.5c (down from 76c) on 29/9 (2 days after the 25/9 rejection), we may have a slightly down day on Monday. Strange because most of the last 1/2 doz fridays were average but followed by a very good Monday. Perhaps monday will be good afterall. :-)