ARTICLE SYNOPSIS...Once the real bottom hammer came into play, a nice trend reversal occurred for Avnet (AVT). Gaps on this chart add fuel to direction.
ARTICLE SYNOPSIS...Recently, I suggested higher prices for semiconductor stocks in the near term. By hammering in a bottom on high volume, KLAC is one stock among many that delivered.
ARTICLE SYNOPSIS...After a decline into mid-January, Wal-Mart firmed with a pair of inverted hammers, and improving OBV points to higher prices.
ARTICLE SYNOPSIS...The hammer is one of the classic candlestick chart patterns that studies have shown tend to be more reliable than other candlestick patterns. But as sometimes happens, even the most reliable of patterns will fail. What do you do when this happens?