That's a bullish short term trend , taking into account that the two red candles both had higher increased average volume on the low side wicks. A classic case of bullish red candles .I do have a trading algorithm that just calculated volume on low side wicks and made automatic adjustments for volume.( will have to fire up my old Metastock platform again )However you know what they say, the longer the base the bigger the rise. I wonder who came in a few minutes ago for $250.000 big ones.?
CDU Price at posting:
$1.64 Sentiment: LT Buy Disclosure: Held
