ADO
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4.76% 2.2¢ anteotech ltd

Just back to the screen and I'm happy to see the poss that the...

  1. geepop
    94 Posts.
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    02/02/10
    14:54
    Post #: 6276784
    Just back to the screen and I'm happy to see the poss that the day may end with a bullish candlestick formation, so long as the price stays above .32 or .31 at the lowest

    The pattern's called a Bullish Homing Pidgeon:
    1. 1st day is a long black day.
    2. 2nd day is a short black day which is engulfed by the 1st day's range.

    Such patterns don't guarantee a reversal but they are a good guide. We'll see what happens tomorrow. Dow's looking good
    ADO Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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