expected movement 29/8/2013, page-40

"The candle was red because the closing price was lower than the opening price"

Don't quite agree there, it depends on your configuration of candles, whether you use red/green for higher lower in which case yesterdays candle was green, with a close and price action 'above' previous days trade.

You may use 3 coloured candles to show rising/oversold/neutral, in which case yesterdays candle was still green as the stock was still rising (even though there had been an 'intraday' retrace from its high)
It still closed up on the day previous

The body of the candle shows the story for the day not just the colour, so you don't need the colour to show where the stock traded, still above the previous day, but range was 10.5 - 12.5 still higher than the previous day

Todays candle is red, I am sure all shall agree with that, the only other recent red candle was on 29/08, followed by great price action.

Tomorrow shall be interesting, to see whether it can close above recent closing high of 10.5 or the support line is broken.

Cheers