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Figure 12.9
Sellers in Control Chart |
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Another day started with a precipitous rise after the open. Even though the day still closed up, the sellers have come in and driven the price well down, off of the high for the day. Can you see the sellers dominating? |
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Notice there is no clear-cut direction here. It wouldn't matter if this stock closed up or downneither side has the obvious upper hand. |
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Figure 12.10
No One in Control Chart |
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We will learn more about using Japanese candlesticks in Chapter 13. |
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