SK3 Group Inc. (SKTO)

[HDOGTX]

In cases where a major uptrend followed by a Hammer exists, the investor should consider vacating short positions.

http://www.trending123.com/patterns/Hammer-Short-term-Pattern.html

A Hammer can be confirmed by a bullish gap between the Real Body of the Hammer and the open on the next session. In other words, the investor should look for the next session opening higher than the Real Body of the Hammer. The greater the gap, the stronger the signal.

The Hammer may be stronger if the subsequent session shows a white Real Body with a close higher than the close of the Hammer.

A Hammer is more significant if it is followed in the next session by another Hammer with superior characteristics.

Patterns with longer Lower Shadows have greater significance.

The smaller the Real Body and the Upper Shadow the greater the significance of the pattern.