Triple top and has been falling back down to earth for quite a while.
NV has remained high through out the long fall.
Heiken ashi candles show it is still on the bearish side. Tese are different from regular candles and filter out some of the noise and can help identify trends. Heiken-ashi candles are opposite in some ways than traditional candles. Hollow green candles with no lower shadows are used to signal strong buying pressure (vs the hammer in traditional candles where the wick is on the bottom and there is no upper wick), while filled black (or red) candles with no upper shadow are used to identify a strong downtrend. Heikin-Ashi dojis are similar to traditional candlestick dojis, they have small bodies and long upper and lower shadows. There are no gaps on a Heikin-Ashi chart (which I do not like) as the current candle is calculated using information from the previous candle. One candle alone has no meaning. Interesting to look at these sometimes when trying to figure out what the heck is going on (o:
It is oversold on RSI set at 80/30
Just an observation
NV has remained high through out the long fall.
Heiken ashi candles show it is still on the bearish side. Tese are different from regular candles and filter out some of the noise and can help identify trends. Heiken-ashi candles are opposite in some ways than traditional candles. Hollow green candles with no lower shadows are used to signal strong buying pressure (vs the hammer in traditional candles where the wick is on the bottom and there is no upper wick), while filled black (or red) candles with no upper shadow are used to identify a strong downtrend. Heikin-Ashi dojis are similar to traditional candlestick dojis, they have small bodies and long upper and lower shadows. There are no gaps on a Heikin-Ashi chart (which I do not like) as the current candle is calculated using information from the previous candle. One candle alone has no meaning. Interesting to look at these sometimes when trying to figure out what the heck is going on (o:
It is oversold on RSI set at 80/30
Just an observation
