If I used the calculator
to determine a price target, the logic
Approach would be the Conservative Bear
Market price target at 11.31.
However, since the low at 9.25 was
formed on a reversal candle, which had a
long tail. I would rather use the
low of the body (shadow) of the candle
in the calculator. I would only
use this strategy for stocks that
bounced strongly after a reversal hammer
candle.
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