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Niocorp Developments Ltd (NB)

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Thursday, 08/25/2016 9:22:31 PM

Thursday, August 25, 2016 9:22:31 PM

Engulfing Candlestick Pattern..

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_dictionary

bullish reversal
Sounds good to me.

Engulfing Pattern: A reversal pattern that can be bearish or bullish, depending upon whether it appears at the end of an uptrend (bearish engulfing pattern) or a downtrend (bullish engulfing pattern). The first day is characterized by a small body, followed by a day whose body completely engulfs the previous day's body.

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