The following charts were posted on Chart.ly.
SINA is a morning star stick reversal pattern with good volume.
SOHU is a bullish engulfing stick on the support zone.
RIMM is a morning star reversal pattern on long-term support with a very oversold RSI.
GOOG is a wide bullish engulfing stick in a key support zone.
ESRX is a base on base continuation setup.
AKAM is a hammer reversal stick on support.
3 comments:
Hey Jamie,
On your SINA chart, would you also consider that an inverted hammer pattern? And, in your experience, would a morning star combined with an inverted hammer necessarily be a stronger pattern?
Thanks,
-AT
AT,
Yeah, the inverted hammer is a good reversal candle by itself. Not sure if the inverted hammer makes it stronger.
Ok, thanks.
-AT
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