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Bullish Three White Soldiers

Daily Charts:   15 found in last 10 days.   Updated Fri May 16 18:16:28 2008 CST . Click here to see them.

Weekly Charts:   6 found in last 10 weeks. Click here to see them.

Bullish Three White Soldiers

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. Three consecutive long white days with higher closes each day.
  2. Each day opens within the previous body.

Psychology...

This formation represent powerful unabated buying. Shorts would be wise to stay away from this steam engine. Longs should be prepared for a rest before proceeding on to higher prices.





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