1PC
01-05 21:40

@koolgal：
🌟🌟🌟I like to use the Engulfing candlestick pattern as it signals a change of momentum. 1. The Bullish Engulfing Pattern occurs at the bottom of a downtrend & signals a powerful reversal to the upside. A small red bearish candle is followed by a massive green bullish candle that completely covers the body of the previous day. It is a Buy signal. NVIDIA in Oct 25. After a brief dip NVDA formed a Bullish Engulfing Candle. The green candle was so large that it looked like it ate the previous 3 days for breakfast. That was the signal for the rally that has pushed NVDA up over 3% on Jan 2. The opposite is the Bearish Engulfing Pattern. This appears at the peak of an uptrend and warns that the party is over. A small green bullish candle is followed by a much larger red bearish candle that completely engulfs the previous day's gains. BABA on Nov 14, a giant red candle engulfed the previous day's green candle. It dropped 12% the following week. @Tiger_comments @TigerStars
🌟🌟🌟I like to use the Engulfing candlestick pattern as it signals a change of momentum. 1. The Bullish Engulfing Pattern occurs at the bottom of a downtrend & signals a powerful reversal to the upside. A small red bearish candle is followed by a massive green bullish candle that completely covers the body of the previous day. It is a Buy signal. NVIDIA in Oct 25. After a brief dip NVDA formed a Bullish Engulfing Candle. The green candle was so large that it looked like it ate the previous 3 days for breakfast. That was the signal for the rally that has pushed NVDA up over 3% on Jan 2. The opposite is the Bearish Engulfing Pattern. This appears at the peak of an uptrend and warns that the party is over. A small green bullish candle is followed by a much larger red bearish candle that completely engulfs the previous day's gains. BABA on Nov 14, a giant red candle engulfed the previous day's green candle. It dropped 12% the following week. @Tiger_comments @TigerStars

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