The black candle is comparatively rare in candlestick charting. Used in multi-color charting, a black candle represents stocks that have closed lower than they opened (i.e. red) but still closed higher than yesterday's close, i.e. the price has still advanced. Friday had an extraordinary amount of black candles- here are a few just for starters:
RDN DSL TSFG FED FHN CRBC CORS STSA PMI VSE WM SFI SBKC
And those are just the high day rangers. A strange mix of irrational exuberance and pessimism produced Black Candle Friday. I can only assume the pessimism will continue on Monday. I'm expecting a big red day.
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