SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amelia Carhartt who wrote (54203)9/29/1998 8:08:00 AM
From: donald sew  Read Replies (1) of 58727
 
MSB,

>>>The Engulfing pattern consists of two real bodies of opposite colour. The second day's body completely engulfs
the prior day's body. The shadows are not considered in this pattern. In this bullish case, the pattern should
occur near a market bottom, or in a downtrend; and indicate a shifting of the sentiment to buying.

The first day of the Engulfing pattern has a small body and the second day has a long real body. Because the
second day's move is so much more dramatic; it reflects a possible end to the previous trend.

An Engulfing pattern is similar to the traditional outside day. Just like the Engulfing pattern, an outside day will
close with prices higher and lower than the previous range with the close in the direction of the new trend. <<<<<<<

scifi.co.uk

seeya

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext