Browsing "CLOUD"
Oct 16, 2012 - CLOUD, Stock Analysis    No Comments

Shooting Star in the Cloud – Make a wish!

CLOUD did a great move intraday but retraces until closing forming a candlestick with a long upper shadow. This candlestick is what we called a Shooting Star. The Shooting Star simply tells us that the market opened near its low, then prices strongly rallied up and finally prices moved down to close near the opening [...]