HAVE A NICE WEEK END

CANDLE STICK PATTERNS

Gravestone Doji: A doji line that develops when the Doji is at, or very near, the low of the day.

Gravestone Doji

Hammer: Hammer candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during a decline, then it is called a Hammer.

Hammer

Hanging Man: Hanging Man candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during an advance, then it is called a Hanging Man.

Hanging Man

Harami: A two day pattern that has a small body day completely contained within the range of the previous body, and is the opposite color.

Harami

Harami Cross: A two day pattern similar to the Harami. The difference is that the last day is a Doji.

Harami Cross