Bullish Engulfment
Google’s price bar is bullish for tomorrow.
1) Bullish engulfment - open is less than yesterday’s close, close is greater than yesterday’s open. Yesterday was a down day with the close less than the open.
2) Lower low
3) Higher low
Trading above today’s high is a low risk buying opportunity.
Comments »
The URI to TrackBack this entry is: http://www.googlestockquote.com/archives/2004/10/13/bullish-engulfment/trackback/
No comments yet.
RSS feed for comments on this post.
Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
