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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (64700)7/6/2022 4:13:09 PM
From: Sun Tzu3 Recommendations

Recommended By
ajtj99
kimberley
towerdog

  Respond to of 97558
 
There is actually a different name for what I wanted to call it, but I can't remember it. It is basically a long wick at the end of a big run up. We don't have the perfect set up for it in XBI. The ideal setup is a long wick, making up 3/4 of the body, on a candle that is twice the length of an average candle, at the top of either an extended run up or a parabolic run up. That pattern is the single best indicator for shorting a stock. But perfection is such a rare thing in real life :-/(