Posted on: Wednesday, March 03, 2010 10:53 PM EST
The MTR-TM formed a Gravestone Doji. The Advance/Decline Line (for NYSE) advanced which is bullish, but the recent price action is a concern.
Typically one candle is not a strong signal but combine the Gravestone Doji with the recent market action and a +2 Standard Deviation (price touching the upper Bollinger Band), a retracement may be in order from here.
