Check the daily chart and then compare it to Bearish Engulfing Pattern. If you understand it, please take your profits before the next big downturn as this will engulf all your profits and not even allow you to scream. STRONG SELL.
YOu are f****
Hey mix…Help me out here…I am Short this stock after yesterday’s run-up.Could you give me a link to the chart and explain the "Bearish Engulfing Pattern."I appreciate it. I appreciate any input or constructive opinion.
You evidently do NOT understand it.A bearish engulfing pattern (murobozo, something like that) has to be a BLACK candlestick. Today's pattern was a strong WHITE marching soldier.Anybody know the correct Japanese term?
Look at the daily chart for a month & u will know that the bullish pattern yesterday was a bearish engulfing typical pattern only to suck in newbies.