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Re: VST7 post# 40829

Wednesday, 11/18/2015 1:44:11 PM

Wednesday, November 18, 2015 1:44:11 PM

Post# of 42897
$BIEI Chart - forming a spinning top & potential bearish reversal pattern currently - doji's, hammers & spinning tops formed after big runs = Danger! -

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3201

BEARISH EVENING STAR

Definition

This is a three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a short candlestick, which characteristically gaps up to form a star. Then we have a third black candlestick whose closing is well into the first session’s white body. This is a meaningful top pattern.

Recognition Criteria

1. The market is characterized by a prevailing uptrend.
2. We see a white candlestick on the first day.
3. Then, we see a short candlestick on the second day that gaps in the direction of the uptrend.
4. A black candlestick is observed on the third day.


Learn how to analyze Charts........link below...........$$$

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86130044

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