ARTICLE SYNOPSIS...The Banking Index completed a bearish engulfing pattern on the weekly chart at the March peak, which may presage lower prices.
ARTICLE SYNOPSIS...Libbey has endured a steady downtrend since July, punctuated with a high-volume collapse, down 14% on August 17. Bulls appear to be mounting a challenge, with a couple of candlestick patterns emerging to quell the selling.
ARTICLE SYNOPSIS...When you see a familiar chart pattern on a price chart, should you automatically do what the pattern suggests, or should you look at it more closely before making the decision? Here are some scenarios that could play out when a bullish engulfing pattern
ARTICLE SYNOPSIS...Candlestick signals are merely the graphic depiction of investor sentiment during trend movements. Use them to your advantage.
ARTICLE SYNOPSIS...With apologies to Tom Wolfe, the late August reversal in the SPDRs provided plenty of clues for those short to become long.
ARTICLE SYNOPSIS...A huge bullish engulfing pattern for Steel Technologies reinforces support and sets the stage for further gains.
ARTICLE SYNOPSIS...CACB is in an intermediate downtrend. Will a bullish engulfing pattern really offer a reliable buying opportunity?
ARTICLE SYNOPSIS...The pattern started a reversal to the upside in the short term.
ARTICLE SYNOPSIS...The US Dollar Index completed a bullish engulfing pattern that may stall the decline in the near term.