Monday, September 1, 2008

Wish I could come up with clever titles all the time



While this is definitely in the past, I really wanted to post the perfect bearish hammer that formed mid-June on CSIQ's chart. The handle is nice and long, the stochastic shows an overbought signal, and the price had increased substantially over the past month and a half. It may be in the past, but at least we can be ready to catch something like this in the future.

Good trading. Make your luck.

Edit: Although the general idea isn't lost, the candle formation above is not called a bearish hammer. It is called a hanging man. As can be seen, I am still learning the technical candlestick names.
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