Posted On: 11/23/2012 10:22:08 AM
Post# of 2457
HAMMERED ADHC
On Wednesday trading dynamic as a final result formed a hammer, The Bullish Hammer formation shows the price goes much lower than the open then closes near the opening price. This fact reduces the confidence of the bears. Ideally, a white real body Hammer with a higher open the following day could be a bullish signal for the days ahead.
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