Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A morning star is a visual pattern consisting of three candlesticks that are ...

What is a Japanese Candlestick? A Japanese candlestick chart displays a security's opening, closing, high and low prices for a given period. The central part of the candlestick, or the body, ...

Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...

The first type of triple candlestick pattern that we'll talk about is morning and evening stars. Both morning and evening stars occur during a trend and can signal a reversal in momentum. The first ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Candlestick charts have become popular as the major chart of choice for traders. This has occurred not only ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

Candlesticks are used in technical analysis and can help traders to accurately predict market movements. They will look at the shape and colour of candlesticks to get a sense of trends and patterns in ...

Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...

The reversal following Thursday’s strong open shows bulls aren’t willing to take profits yet. The Russell 2000 (IWM) holds onto 20-day MA support with a new ’sell’ signal in On-Balance-Volume to build ...