Stock market patterns pdf
Candlesticks can also give clues to price action and the mood of the market towards a certain stock or index. For example, bullish candles form when a stock opens, moves lower, tests support, then springs back to close at a high. Many charting platforms recognize candles and can screen stocks to pull up candidates for a trade. Use Stock Chart Patterns to Measure the Technical Strength ... Chart patterns can be observed in the price histories of all stocks; from the railroad stocks at the turn of the 20th century to the bleeding-edge tech stocks of the new millennium. History tends to repeat itself in the stock market because the market is made up of the …