Not being into the details of candle analysis, what exactly do you mean? I see a very nice pattern of rising up-day candles, with one down-day and a longish tail on the low side 5 days ago.
Now I am not an expert in candles, but I interpret this as the bulls winning the struggle against the bears, with the down day being the bears attempts to sell it down, (the long tail) but the bulls forced it back up to close down for the day, but well up on the low. Then came four big up-day candles (green on my charts - the down days are red), and a definite break of the downtrend line.
Next few days should tell the story I guess.
Maybe I'd better read Steve Nison's book or Louise Bedford's (she's the nicer-looking one of the two :)) on candle patterns.
PPD Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
