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Oct 7, 2020 · The shooting star candlestick is a chart formation consisting of a candlestick with a small real body, and a large upper shadow. This pattern represents a potential reversal in an uptrend. It is also one of the four types of stars in candle theory: morning, evening, doji, and shooting.
Aug 21, 2020 · On a weekly chart, a hammer candle formed near the 40-week moving average suggests that average is seen by the market as strong support. As with all candles, the 'rule of two' applies. That is to say, a single candle may give a strong message, but one should always wait for confirmation from another candle before taking any trading action.
Aug 11, 2020 · Several major reversal patterns consist of two candlesticks. For example, a bullish or bearish engulfing candle often signals that a trend is winding down. This two-candle pattern is also relatively easy to spot. The evening star consists of three candles. Because they must be viewed together as a group, this is a more difficult pattern to discern.
3 days ago · Symmetrical Triangle. Syndicate. Syndicated Loan. Synergy. Synthetic Collateralized Debt Obligation (Synthetic CDO) Synthetic Futures Contract. Systematic Risk. InvestingAnswers' glossary of financial definitions and business terms that begin with the letter "S".
Aug 11, 2020 · A 'long-legged' doji is a far more dramatic candle than the common doji. It says that prices moved far higher on the day or week of the candle, but then profit taking kicked in. Typically, a very large upper shadow is left. At the same time, the bulls saw lower prices as a buying opportunity and thus the long lower shadow.
Nov 24, 2020 · A doji represents a supply/demand equilibrium -- a tug-of-war where neither the bulls nor bears are winning. In the case of an uptrend, the bulls have by definition won previous battles because prices have recently moved higher. Now, the outcome of the latest skirmish is in doubt. Meanwhile, after a long downtrend, the opposite is true.
Sep 29, 2020 · The tweezers pattern is analogous to a very short-term double top or double bottom. Essentially, the tweezers candles indicate that prices held twice at the exact same level. At the bottom, sellers were not able to push the stock lower. At the top, the bulls were unable to drive prices higher. Therefore, tweezers signify very short-term support ...
Jun 1, 2021 · 1. Candlestick charts are much more 'visually immediate' than bar charts. Once you get accustomed to the candle chart, it is much easier to see what has happened for a specific period -- be it a day, a week, an hour or one minute. With a bar chart you need to mentally fill in the price action.
Aug 21, 2020 · The high wave candlestick has a very small real body, and it typifies a stock or index plagued by uncertainty. The spinning top has small upper and lower shadows, whereas in the high wave the shadows are longer, revealing more volatility. Here is what the high wave candle looks like:
6 days ago · Expected Family Contribution (EFC) Expense Ratio. Expiration Date. Exponential Moving Average (EMA) Extended Trading. External Debt. Extraordinary Item. InvestingAnswers' glossary of financial definitions and business terms that begin with the letter "E".
