Hello everyone! We hope you are having yourselves a great day so far. The markets opened the day in the green, with the bulls making a second attempt to to fortify their strength (after the bears erased all of their gains from yesterday). 2,816 more words
Tags » Doji
Lunch Hour Update: August 21, 2015 - "Signs of Life from the Bulls, as the Bearish War Machine Pushes on"
Hello everyone! The bears have lost no momentum as they continue driving price further and further down. However with that being said, we are seeing life from the bulls today as they have made an attempt to move price up. 1,978 more words
A Left/Right Combo — a Doji followed by a Bullish Engulfing — today for Vale SA (VALE). Also, Stochastics are oversold and just crossing up. Candlestick chart pattern traders like to combine Candlestick signals with technical indicators such as a Bullish Engulfing in the oversold area. 235 more words
The fireworks kicked in around 1:30 today as SPY made yet another new high, which was met by a hefty round of profit taking. From a volume perspective not so hefty though (up volume was greater than down), indicating that those who bailed were more of the small time weak hands rather than the big boys. 82 more words