Today's candle closed as a Doji Candle. A doji represents indecision. But it closed below the 8ema, which is encouraging. However, the doji is within the body of yesterday's candle. This forms a Bullish Harami pattern, which is bullish.
The doji is trapped between the 8ema above it and the 50sma below it. This often leads to a consolidation for a few days as price bounces between these 2 moving averages that can act as support and resistance. If this is what happens, I may not post updates until price breaks out one way or the other.
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