Reversal Setups

Bounce candidates: stocks that have been falling, with a bullish reversal candle on the daily chart. Decline: at least five sessions of selling before the candle. Reversal candle: a bullish reversal candlestick pattern in the last few sessions. Technicals: read alongside common technical indicators like RSI, MACD, moving averages and volume, with the ones that back the turn highlighted.

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TipBullish Belt Hold. A bullish belt hold is one long green candle that opened at or near its low and barely traded below it — sellers had the open and lost the rest of the day.

For educational and informational purposes only. Not investment advice.