Genworth Financial Inc (GNW)

[WildTwins]

BULLISH ENGULFING CANDLE

Today's candle forecasts a nice day tomorrow. These patterns don't always play out how they are supposed to, but when they do it can be a fun ride. Wait and see everyone!

If we close above 8.04 this week the three weeks tight pattern is confirmed as well

DEFINITION of 'Bullish Engulfing Pattern'

A chart pattern that forms when a small black candlestick is followed by a large white candlestick that completely eclipses or "engulfs" the previous day's candlestick. The shadows or tails of the small candlestick are short, which enables the body of the large candlestick to cover the entire candlestick from the previous day.


http://www.investopedia.com/terms/b/bullishengulfingpattern.asp