KCG Holdings (KCG)

[Mingy]

Indeed fourkids, Watchout, bearish englufing pattern on Knight Capital. Not a good sign for this dog,

By Chip Brian, SmarTrend Analytics Team

SmarTrend's candlestick pattern scanner has detected a bearish engulfing pattern for shares of Knight Capital Group (NASDAQ:NITE) since the stock closed below $15.60.

Yesterday, this company traded 1,648,843 shares, versus the previous day's total volume of 1,370,683. Heavy volume increases the reliability of this bearish candlestick pattern.

SmarTrend issued a Downtrend alert on shares of Knight Capital Group on October 21, 2009 at $19.05 per share (18.2% return since that call). This bearish candle pattern may point to a continuation of the previously called Downtrend.
http://www.mysmartrend.com/ms/1476