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CCE - Dojis/Hammers/Inverted Hammers

 
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tab321
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PostPosted: Wed Dec 01, 2004 11:26 am    Post subject: CCE - Dojis/Hammers/Inverted Hammers Reply with quote

CCE fell out of the sky on July 29th and then on October 28th, it gapped up. The gap up would have gotten you in on a gain. CCE has now consolidated and it has been forming doji, hammers, inverted hammers right at the 50 Day EMA. The Hammer of yesterday has been followed by upward movement today.

The fact that it is finding support is pretty undeniable. Stochastics are in a good place. If the Gap Up on October 28th has set this one for a new trend....then, this time of consolidation and resurgence should be a good time to enter. I am in this one with real money - which means very little because I can pick some bad ones.
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Wed Dec 01, 2004 11:35 am    Post subject: CCE Reply with quote

that is what the signals provide for you, they show when indecision has occurred in oversold condition. That puts the probabilities in your favor
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