The price trend for Burberry Group PLC (BURBY) has been bearish lately and the stock has lost 13.5% over the past week.
Julie Bang / Investopedia With its origins in 18th century Japan, candlestick charting was built on the idea that market prices are influenced by both trader psychology and the balance of power ...
Investors or even automated trading platforms that are dead-set on certain indicators may be susceptible to falling into bear ...
A candle chart is a visual representation of price ... Now, confirmation is sought. Both bears and bulls may seek additional assurance that the pattern means what it suggests.
That's reflected in the shape of Monday's candlestick, which features negligible upper and lower shadows and a prominent red body. In other words, opening and closing prices are almost the same ...