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Bullish Stick Sandwich


This pattern signals a potential trend...

Reversal


How to identify...
  1. 1st day is red.

  2. 2nd day is white and trades above the close of the 1st day.

  3. 3rd day is red with a close equal to the 1st day.
Similar pattern(s)...

» Bullish Matching Low

Psychology...

The price action of the 2nd day suggests that the downtrend is over. The next day opens higher, but sells off to close at the close of the 1st day. The 3rd day's close can be viewed as closing at a short term support level. Watch for confirmation via a higher close the next day.



Recent Scan Results...
DailyWeekly
Last Day: 4 Last Week: 3
Last 10 Days: 27 Last 10 Weeks: 15




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