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Tractor Supply Company Message Board

  • Adelantado Adelantado May 23, 2011 8:24 PM Flag

    today's tech candle formation

    "The Bullish Engulfing Pattern is formed at the end of a downtrend. An up candle is formed that opens lower and closes higher than the down
    candle open and close from the previous day. This complete engulfing of
    the previous day's body represents overwhelming buying pressure
    dissipating the selling pressure."

    We'll see over the next few days if this is sound forecasting or as predictable as knuckle bones thrown into a circle.

 
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