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Septimus
Mar 20, 2014 1:07 PM

Spinning Top at Bottom of Down Trend Long

Plug Power, Inc.NASDAQ

Description

Spinning top after a significant down trend indicates sellers are losing interest and the bottom has formed. An up trend is to follow.

Bulls will be cautious and slowly enter over the next several days.
Comments
joshua.collier
Nice setup. Looks like a Hirami (almost Doji) Star. Because the top shadow is longer than the lower and more than twice the length of the body, I would designate this as an inverted hammer signaling a reversal.
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