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[ari5000]

HRBN candlesticks:


HRBN has been down 3 days in a row but this is actually forming a continuation pattern called Rising Three Methods -- it is formed by a long white candle -- then 3 falling candles that stay within the body of the first long white candle.

The formation is completed -- to your delight, when a 2nd long white candle moves past the first one.

A close below 14.20 or so would negate the pattern and probably mean a longer wait. OB Volume is still positive for the past 5 days. There are several other multi-week formation that I see suggestive of a very big multi-week move coming up soon. Unfortunately HRBN does not seem to move up in down markets.

That big candle was at least 200k share volume so this pullback is pretty light.