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BPI -actualizado

MensagemEnviado: 3/9/2003 19:51
por TRSM
Review of PTBVLBPI (PTBVLBPI)
as of 03-09-2003

A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 3 white candles and 2 black candles for a net of 1 white candles. During the past 50 bars, there have been 15 white candles and 19 black candles for a net of 4 black candles.