Labrador Iron Mines Holdings Ltd (LBRMF)

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It's Hammer time..........

What Is the Hammer Candlestick Formation? The Hammer candlestick formation is viewed as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends. The Hammer helps traders visualize where support and demand are located. After a downtrend, the Hammer can signal to traders that the downtrend could be over and that short positions could potentially be covered.