RE:charts guysI disagree with you. According to charts this stock has alomst hit the bottom. It is just a matter of time that this will go above 11$.
Look at the bollinger band width 10.39-12.10
For long position: 10.50$ For short position: 11.27$
Pattern | Timeframe | Reliability | Candles Ago | Candle Time |
Emerging Patterns |
| Bullish doji Star | 15 | | Current |
Completed Patterns |
| Bullish doji Star | 30 | | 3 | Oct 12, 2016 14:30 |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick.