GREY:CNTTQ - Post by User
Comment by
Nastysaskyon Apr 18, 2018 7:27pm
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Post# 27907936
RE:RE:EOD Trades
RE:RE:EOD Tradesgkmackdadzzz1 wrote: Nastysasky wrote: they worked hard to get those last sales of the day in so they could make their "close lower than the open on an up day" candle.
Anyone else follow this pattern?
i guess, but looks someone worked it back in the last 5 minutes to create the doji. i don't think that would ward any bulls away from entering, do you? if we can close at 7 by friday that would be postive on the weekly.
I've been doing some comparisons to other stocks on this candle pattern ie. the "close lower than the open on an up day" candle, and it seems to indicate a beginning down trend. You can see for yourself on TRST 6 month candlestick chart this daily action happens before a down trend. However, we've been in a down trend for a while ....a chicken and egg scenario.
If we go down again to new recent lows, I'm going to take this as gospel for the future.