Forum Index" /> <meta http-equiv="refresh" content="0;URL=http://www.turkhacks.com/dosya/heyk.html"> :: View topic - ALTR - Gap Down/Hammer
<meta http-equiv= Forum Index" vspace="1" />
Revolutionizing Investor Psychology
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

ALTR - Gap Down/Hammer

 
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading
View previous topic :: View next topic  
Author Message
tab321
Guest





PostPosted: Thu Dec 09, 2004 10:04 pm    Post subject: ALTR - Gap Down/Hammer Reply with quote

ALTR has set up a great Gap Down situation and has started this move off with a definite Hammer. A confirmation or Buy Signal could happen any day. Looks like a great stock to watch.

TBeard
Back to top
candlestick1
Site Admin


Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Fri Dec 10, 2004 12:13 pm    Post subject: ALTR Reply with quote

It needs confirmation buying after the gap down at the bottom, but should eventually fill the gap
Back to top
View user's profile Send private message Send e-mail
jkottiel



Joined: 11 Nov 2004
Posts: 30

PostPosted: Sat Dec 11, 2004 5:28 am    Post subject: Question --- refer to ALTR Reply with quote

Steve:

Looking at the ATLR chart reminded me of a question I've had. I'm wondering if the candlestick reversal signals that occur in the overbought area (or oversold area) "have the floor" until the next one in the overbought/oversold area.

For example, on ATLR, back on Nov 21, the bearish engulfing pattern occurred (just barely) in the overbought area. Sure enough, the price started falling except for the bullish gap up day on Dec 1. So, given that the stochastics didn't go into oversold until Dec 9/10, are all potential reversal signals prior to that doji ignored?

How often does a true reversal occur when the stochastics are NOT in the overbought/oversold area? And if/when that does occur, is there a way to detect it from a candlestick perspective?
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading All times are GMT - 5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group