Posted by: fortunefaded May 6, 2009
NewStock Watch List
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Thuldai,
Personally, I would not buy any financial stocks until the stress test result come out tomorrow afternoon. Having said that I looked at C and it looks like there is a reversal happening soon. Notice the doji in the candlestick at the top of the recent rally on the hourly chart. Doji is a bearish reversal sign when you are near a peak of a rally.
This is not a suggestion to sell or hold but to be careful!

To learn more about different types of candlesticks, check the link below:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand
Last edited: 06-May-09 02:24 PM
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