Niocorp Developments Ltd (NB): another , Engulfing Candlestick Pattern:...

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Niocorp Developments Ltd (NB)

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Re: None

Wednesday, 09/28/2016 9:00:44 PM

Wednesday, September 28, 2016 9:00:44 PM

another , Engulfing Candlestick 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.

NIOBF chart is fully engulfed yesterdays body.
actually it has engulfed the previous 3 days lol

http://stockcharts.com/c-sc/sc?s=niobf&p=D&yr=0&mn=6&dy=0&i=p32904265710&r=4114

NB chart have similar bodies yesterday and today but not engulfing.

http://web.tmxmoney.com/charting.php?qm_symbol=NB

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