Saturday, February 21, 2009

Mean Recommendation

6. Mean Recommendation -Moderate Buy to Strong Buy.
Setting up for the play

Once a reversal candlestick is being spotted and the conditions are
also fulfilled, you will need to do is to wait for the entry signal. It may
be the next day or two to three days later, the moment you see the
price is below the low of the reversal candlestick bar. It is your entry
signal for this reversal system play.
Below is the illustration for qualifying and the entry to buy.


AMGEN INC, reversal candlestick chart.

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