It also shows the clash between bulls and bears. Chart patterns can either be continuation patterns or reversal patterns. A reversal pattern is when the stock price starts going in the opposite ...
Patterns formed on the charts fall into two categories: Bullish Reversal Patterns and Bearish Reversal Patterns. For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells us ...
8. What Happened: The semiconductor stock’s candlestick chart shows a unique ‘Bullish Stick Sandwich’ pattern, a technical trading formation suggesting a potential price reversal upwards.
the market is about to reverse and trend in the other direction it can show up on the chart as a “reversal pattern.” When the current trend takes a break before continuing, the action can show ...
AMD are most likely poised for a reversal as its candlesticks show a rare pattern despite a double downgrade from HSBC on Jan. 8. What Happened: The semiconductor stock’s candlestick chart shows ...