a trader's blog (these are my Philippine Stock Exchange/PSE trading notes ... by no means are these to be taken by the reader as recommendations to buy or sell; blog contents are valid only up to the date of publication; the views found herein are subject to change without prior notice) .. Dont hold and hope! But definitely Ride them!
Tuesday, August 13, 2013
question and answer: bhi (13 aug 2013)
Hinog na ba bhi for you? Double dragonfly doji seems like a reversal sign for me, what do you think?
Thank you very much.
im looking more at thedoji part thanthedragonfly part .. so its a doji .. it meansthebuyers and sellers were just balancing each other duringthesession .. althotheshadow may be interpreted: thatthebuyers were stronger thanthesellers towardsthelater part ofthe session ...
it closed at `.123 .. just .004 cents from the current bottom ... so halos di sya gumalaw ... tingin ko hintay pa ng konti since kelangan ng confirmation ng doji sa susunod na candle to really be conclusive as to where the price may be going .. (a doji on its own is a neutral candlestick)