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Revolutionizing Investor Psychology
 
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Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading
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lj4



Joined: 04 Nov 2006
Posts: 6

PostPosted: Tue Nov 14, 2006 1:47 pm    Post subject: PIR Reply with quote

What will happen next? It looked like it hit the top with a "Shooting Star" but with the buyout news it jumped way up today.
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msl



Joined: 03 May 2006
Posts: 13

PostPosted: Tue Nov 14, 2006 1:57 pm    Post subject: Reply with quote

It actually formed a morning star at 6.00 and took off from there. Yesterday's move would have only been a shooting star formation if today had closed lower. I would expect several days of consolidation after today's big move.
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msl



Joined: 03 May 2006
Posts: 13

PostPosted: Thu Nov 16, 2006 5:32 pm    Post subject: Reply with quote

Pullback now occurring.
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lj4



Joined: 04 Nov 2006
Posts: 6

PostPosted: Sun Nov 19, 2006 12:06 pm    Post subject: Reply with quote

I ended up getting out of it the same day since I was going to be gone on a trip. Looks like that was the right choice.
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