Sign Up
Enter Symbol
Lookup Patterns
Popular tickers today...

Official PayPal Seal

As Seen In...


   All Patterns Home Page   Search HotCandlestick.com  

Bullish Mat Hold


This pattern signals a potential trend...

Continuation


How to identify...
  1. 1st day is a long white day.

  2. 2nd day is a red day that gaps above the 1st day.

  3. The next two days are small body days which trend lower and stay within the upper range of the 1st day.

  4. The last day is a white day which closes above the previous four day's range.
Similar pattern(s)...

» Bullish Rising Three Methods

Psychology...

This is a resting pattern for the bulls. The 2nd day still closes at a new high and the 4th day still closes above the 1st day's open. Bears worry that a reversal in not in the cards this time. Hence, the bullish trend continues on the 5th day.



Recent Scan Results...
DailyWeekly
Last Day: 0 Last Week: 0
Last 10 Days: 0 Last 10 Weeks: 2




Home   Disclaimer   Privacy   Contact

Copyright 2001-2017, All rights reserved.
HotCandlestick.com, LLC