-Higher high than prior day (PD) high-Opens above PD high-Closes up on the day, above PD high and above today's open-Today's low higher than PD high
This relationship is  the  strongest  indication  that  the  direction  willcontinue. If you also get expanded range and increased  volume  it  is  evenstronger.                       When you  see  this  bar  relationship  your  logicalprogression of thought is to relate it to previous bars.  Remember  that  itdoesn’t matter which time frame you are tracking in, the relationships  havethe same significance.                       How many previous closes and highs did today’s  closeexpand? Did today’s bar and close take stock above a swing point  trendline,out of a consolidation,  above  a  significant  moving  average  or  did  itattract buying/selling at a key geometric retracement  level  such  as  .38,.50, .618, or .786. Those are fibonacci levels  and  institutions  are  verymuch aware of them for stocks, so you should  understand  their  usage.  Youlook for reactions at the various retracement levels  you  don’t  trade  thelevels blindly just because they hit a number.