AGO 0.00% 4.5¢ atlas iron limited

People that follow candlesticks would probably have sold out...

  1. 334 Posts.
    People that follow candlesticks would probably have sold out today with the telltale doji and the gap down - classic candlestick sell signals. I also follow candlesticks but did not sell as I feel the candlestick at today's end will be a spinning top (indecision) and that more confirmation of any up or downtrend is required. In my opinion there will be a few days sideways / slightly down selling (off the overbought situation) before confirmation of the beginning of a new uptrend.
    Note: novice at candlesticks - don't hammer me!!

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