Currently the markets are demonstrating a consolidation day. The selling is very light, not moving the indexes with any obvious force. Numerous individual stock prices are waffling today, without any major direction. This is a good day to illustrate candlestick chart patterns that are indicating a reversal move may not necessarily confirm on the very next day, but watch for the trend to confirm on the next day or two after the reversal signal. IE TGH, AAOI, INFN.
February 14th Daily Market Comments
Currently the markets are demonstrating a consolidation day. The selling is very light, not moving the indexes with any obvious force. Numerous individual stock prices are waffling today, without any major direction. This is a good day to illustrate candlestick chart patterns that are indicating a reversal move may not necessarily confirm on the very next day, but watch for the trend to confirm on the next day or two after the reversal signal. IE TGH, AAOI, INFN.