candle analysis

For those of you who are interested todays close was a harami cross. It has been a text book close. If you people have a book by L.Beford the secret of candle stick charting go and read page 55. For those of you have not got it I will type from it.

She says where a h.cross was formed above a previous line of resistence (just like AMP ) ... It is very unlikely that a revesal pattern will cause anything but a momentary pause. It is important to follow the lead up to the h.cross. If the lead up was in the uptrend it is more likely to favour a continuation of the bullish uptrend.

The reason for the open and close being the same price today was indecision. She says there are lots of people who have had this stock and have been waiting for a selling opportunity to get out. In the mean time new buyers are coming in. This can be asercetained from above normal volume (we had this today as well).

Therefore all in all AMP is showing signs of heading towards $7.

I am only the messenger here so dont come down on me.

But all constructive comments welcome