Candlestick Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 The Shocking Indicator Revealed - 179% Profit Bullish Reversal Bearish Reversal Doji Pattern Bullish Pattern Candlestick Patterns More Patterns... Bullish Engulfing Pattern Bearish Engulfing Pattern Hammer Pattern Hanging Pattern Piercing Pattern Dark Cloud Pattern Bullish Harami Pattern Bearish Harami Pattern Morning Star Pattern Evening Star Pattern Bullish Kicker Pattern Bearish Kicker Pattern Inverted Hammer Shooting Star Pattern Three White Soldier "FREE Ebook Shows You How To Trade Stocks Like A Pro Almost Overnight!" Download FREE Now! Above Stomach Pattern Three Outside Up Bullish Side By Side Rising Three Method Three Line Strike Last Engulfing Top Stock Price Search 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Price >= 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 & <= 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Stock Volume Scan 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Volume >= 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,200,000 1,500,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 100,000,000 & <= 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,200,000 1,500,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 100,000,000 1,000,000,000 Technical Stock Screener Simple Moving Average Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 5 Day 10 Day 15 Day 20 Day 30 Day 50 Day 200 Day & 5 Day 10 Day 15 Day 20 Day 30 Day 50 Day 200 Day Crossover Simple Moving Average & Price Crossover Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Price & 5 Day 10 Day 15 Day 20 Day 30 Day 50 Day 200 Day simple moving average Crossover Exponential Moving Average Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 5 Day 9 Day 12 Day 22 Day 26 Day 28 Day & 5 Day 9 Day 12 Day 22 Day 26 Day 28 Day Crossover Exponential Moving Average & Price Crossover Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Price & 5 Day 9 Day 12 Day 22 Day 26 Day 28 Day exponential moving average Crossover Moving Average Convergence-Divergence MACD Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Daily Weekly Macd above 0 Relative Strength Index RSI Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Value Between 5 10 15 20 25 30 40 50 60 70 80 90 100 & 5 10 15 20 25 30 40 50 60 70 80 90 100 RSI Increasing Stochastic Oscillator Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Daily Weekly Value Between 5 10 15 20 25 30 40 50 60 70 80 90 100 & 5 10 15 20 25 30 40 50 60 70 80 90 100 Strong Volume Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Volume is 5% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100% or More Greater than 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day 15 Day 20 Day Average Volume On Balance Volume OBV Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 OBV is 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day High, Volume Percentage Increase by Any 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Gap Up & Break Out Stocks Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Gap Up Percentage >= 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 25% 30% 100% & <= 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 25% 30% 100% 1000% Average True Range ATR Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 ATR is increasing for 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day Days Trending Stocks Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Stock price are going Up Down for 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day Days Commodity Channel Index CCI Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Daily CCI Value Between -200 -170 -150 -130 -110 -100 -90 -80 -70 -60 -50 -40 -30 -25 -20 -15 -10 -5 0 5 10 15 20 25 30 40 50 60 70 80 90 100 110 130 150 170 200 & -200 -170 -150 -130 -110 -100 -90 -80 -70 -60 -50 -40 -30 -25 -20 -15 -10 -5 0 5 10 15 20 25 30 40 50 60 70 80 90 100 110 130 150 170 200 CCI Increasing Bollinger Bands Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Lower Bollinger Band Crossover Pattern 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Upper Bollinger Band Crossover Pattern Money Flow Index MFI Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Daily MFI Value Between 0 5 10 15 20 25 30 40 50 60 70 80 90 100 & 5 10 15 20 25 30 40 50 60 70 80 90 100 CCI Increasing Percentage Price Oscillator PPO Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Daily Weekly Ppo above 0 Adx Crossover Stock Screener (+DI Crossover -DI) / Directional Movement Index DMI Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 ADX Value >= 0 18 19 20 21 22 23 24 25 26 27 28 29 30 William %R Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 William %R Value >= -100 -95 -90 -85 -80 -75 -70 -65 -60 -55 -50 -45 -40 -35 -30 -25 -20 -15 -10 -5 0 & William %R <= -100 -95 -90 -85 -80 -75 -70 -65 -60 -55 -50 -45 -40 -35 -30 -25 -20 -15 -10 -5 0 for 1 2 3 4 5 6 7 8 9 10 15 20 25 30 consecutive days Accumulation Distribution Line ADL Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Adl is increasing for 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day Days Force Index Screener 2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05 Force Index is increasing for 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day 11 Day 12 Day 13 Day 14 Day 15 Day 20 Day 25 Day 30 Day Days Support & Resistance Stock Screener Stocks Hitting Support Stocks Hitting Support & Bounce Back

Bullish Stock Patterns Bullish Engulfing Pattern Doji Pattern Three White Soldier Pattern Above Stomach Pattern Hammer Pattern Piercing Pattern Harami Pattern Morning Star Pattern Bullish Kicker Pattern Inverted Hammer Pattern Moving Average Crossover Pattern Price & Moving Average Crossover Macd Crossover Pattern Weekly Macd Crossover Pattern Stochastic Crossover Pattern High Volume Percentage Gain stocks Relative Strength Index (Rsi) Moving Up Bollinger Band Crossover (Lower) Bollinger Band BCrossover Upper Commodity Channel Index (Cci) Crossover Three Outside Up Pattern Bullish Side By Side Pattern Rising Three Method Pattern Three Line Strike Pattern Last Engulfing Top Pattern Three Line Strike Pattern Gap Up Stocks Bearish Stock Patterns Bearish Engulfing Pattern Bearish Hanging Man Pattern Bearish Dark Cloud Cover Pattern Bearish Harami Pattern Bearish Evening Star Pattern Bearish Kicker Pattern Shooting Star Pattern Weekly Stochastic Crossover Pattern On Balance Volume (Obv) Pattern Average True Range (Atr) Pattern Moving Average Crossdown Pattern Price & Moving Average Crossdown Pattern Macd Crossdown Pattern Weekly Macd Crossdown Pattern Weekly Stochastic Crossdown Pattern Day Volume Percentage Down Pattern Relative Strength Index (Rsi) Crossdown Pattern On Balance Volume (Obv) Moving Down Pattern Average True Range (Atr) Moving Down Pattern

Stock Screener

2012-05-17 2012-05-16 2012-05-15 2012-05-14 2012-05-11 2012-05-10 2012-05-09 2012-05-08 2012-05-07 2012-05-04 2012-05-03 2012-05-02 2012-05-01 2012-04-30 2012-04-27 2012-04-26 2012-04-25 2012-04-24 2012-04-23 2012-04-20 2012-04-19 2012-04-18 2012-04-17 2012-04-16 2012-04-13 2012-04-12 2012-04-11 2012-04-10 2012-04-09 2012-04-05
Daily 5 Day 10 Day 15 Day 20 Day 30 Day 50 Day 200 Day Moving Average Up	Weekly 5 Day 10 Day 20 Day 26 Day 30 Day Moving Average Up
Daily 5 Day 9 Day 12 Day 22 Day 26 Day 28 Day Exponential Moving Average Up	Weekly 5 Day 9 Day 12 Day 22 Day 26 Day Exponential Moving Average Up
Daily Macd Up	Weekly Macd Up
Daily Macd above 0	Weekly Macd above 0
Daily Stochastic Value Between 5 10 15 20 25 30 40 50 60 70 80 90 100 & 5 10 15 20 25 30 40 50 60 70 80 90 100	Weekly Stochastic Value Between 0 5 10 15 20 25 30 40 50 60 70 80 90 100 & 0 5 10 15 20 25 30 40 50 60 70 80 90 100

Candlestick Patterns

Candlestick Patterns are important stock patterns in technical analysis. It is originated from Japan and is now widely use by
Wall Street Traders as well as retail traders across the world. Candlestick Patterns work well in any financial market such as the
stock market, Forex market, futures market and any other markets. In addition, Candlestick Patterns work well for day traders, swing
traders and long term investors.

What are Candlestick Patterns?

Candlestick Patterns is a type of stock pattern that you can easily recognize on a stock chart and it allows a chart pattern trader
to interpret a stock chart better than Bar Chart, Line Chart, Dot Chart or any other type of stock charts. Candlestick allows a
trader to get stock ideas and find bullish stocks to go long or bearish stocks to go short.

Candlestick Formation

The candlestick pattern is formed by stock close, open, high and low. The white body shows that the stock is closing higher than
the previous day. If the stock is closing lower than the previous day, the body will become red so that a trader can easily see
the differences on a chart.

The following is a daily stock chart for AAPL and the chart is based on Candlestick Patterns. As you can see, each Candlestick Pattern
is different on the chart because the stock low, high, close and open is different on every trading day.

Candlestick Chart

If we group these candlestick patterns and plot them on to a stock chart, we will get a chart like the following.

The above candlestick chart is a stock chart for MGM. As you can see, the length for each candlestick pattern is
different because the stock prices are different for each day. The above stock chart is a daily chart for MGM, but you can apply
candlestick chart to any time frame.

How To Trade Candlestick Patterns?

Each Candlestick Pattern on its own has no meaning. Instead, a trader will have to study a group of Candlestick Patterns to get a hint
whether or not a stock will go up. Fortunately, you don't have to do this on your own, there are many well established Candlestick Patterns
that you can use. These Candlestick Chart Patterns allows a trader to buy stocks during a trend reversal as well as trending stocks.
Here are some of the popular Candlestick Patterns.

Bullish Engulfing Pattern

This is one of the most bullish patterns in Candlestick Trading. This is a reversal pattern that allows a trader to buy stocks during
trend reversals.
Here's how the pattern looks like.

Here is the requirement for a candlestick pattern to be considered as a Bullish Engulfing Pattern.
a.) The stock is currently trading in a down trend
b.) The first candlestick is a red candlestick representing a down day and the second candlestick must be white representing an up day.
c.) The body of the second candlestick completely engulfs the first candlestick.
When all the above condition is met, the Bullish Engulfing Pattern signals a buy on a stock. If the following conditions are met,
then it further strengthens the buying signal. a.) The trading volume is strong on the second day where the candlestick is white.
b.) The Engulfing Candlestick engulfs multiple previous candlesticks.
c.) The stock is trading higher or gap up the next day (3^rd day), which confirms the bullish signal.
Let's look at the Bullish Engulfing Patterns on some real stock charts and see how well it performs.
The stock BPZ formed a Bullish Engulfing Pattern on 12/16 on a down trend. The stock then went from below $3 a share to over $4 a share
in less than 3 months. That's over a 50% gain.

The stock AVNR had a Bullish Engulfing Pattern in the end of December, and the stock went from below $2 a share to over $3 a share in a
little over 2 months. That is close to a 70% gain.

The stock EGY formed a Bullish Engulfing Pattern on 12/16, and the stock went from $5.6 a share to $8.69 a share in 3 months.
That's a pretty nice 55% gain.

Why Candlestick Patterns Work?

The reason Candlestick Patterns work so well in trading is because they are derived directly from the stock prices and they are
been use like any other technical indicator. All human beings act in similar ways and they react the same way when they experience
greedy and fear in the stock market or other financial markets. History repeats itself in the stock market because traders will keep
acting the same way in the future and that's how Candlestick Patterns are formed. A technical analyst has an edge against traders who
simply speculate and buy stocks based on guru's or friend's tips. Candlestick Pattern work well during recessions as well as boom market.

Does Candlestick Work Alone?

Candlestick does work alone. However, just like any other technical indicator, Candlestick Pattern work the best when you combine
it with other technical indicator such as the Volume, Stochastic, MACD, ADX, RSI or any other technical indicator you prefer. One
strategy you can use is to use Stochastic or RSI to measure the overbought and oversold area. Whenever, the Stochastic Indicator or
the RSI Indicator crosses above from the oversold area and if Candlestick Patterns are bullish, you can add the stocks to your
watchlist. If the trading volume increases at the same time, it produces a high probability trade setup.

Top 5 Candlestick Patterns

There are dozens of Candlestick Patterns that traders developed and here are some of the best Candlestick Patterns.

Bullish Candlestick Patterns

These Candlestick Patterns are reversal patterns meaning they have to occur during a down trend. They give early signals that a
stock is at the bottom and the trend might reverse and turn bullish soon.

Bullish Engulfing Pattern

We've already discussed about this pattern in the previous paragraph.

Morning Star Pattern

This is a very bullish reversal pattern. It consists of 3 candlestick patterns.
1. The first candlestick is a red candlestick on a down trend.
2. The second candlestick is a small body candle that closes below the first candlestick (the body can be red or white).
3. The third candlestick is a white body candle that opens above the second candlestick and closes below the first candlestick.

Piercing Pattern

1. The first candlestick is bearish with long red body on a down trend.
2. The second candlestick is a strong bullish candlestick that open below the previous day's low and close above the midpoint
of the previous day's body.

Doji Pattern

1. A doji is formed when the open and close price are the same. A bullish reversal pattern is formed when a doji occurs on a down trend.

Bullish Harami Pattern

1. The first day is a large bearish red candlestick on a down trend.
2. The second day is a small candlestick that trades in the previous day's body.

Some Candlestick Patterns like Three Line Strike, Three Outside Up, and Bullish Side By Side patterns are rare. They don't occur as often
as the other Candlestick Patterns. Sometimes, you can only see these patterns a few times a month but when they do occur, they are often
very bullish trading signals.

Top 5 Bearish Candlestick Patterns

There are dozens of bearish candlestick patterns out there and here are the best 5.

Bearish Candlestick Patterns

These candlestick patterns are reversal patterns meaning they have to occur during an uptrend. They give early warnings that the trend
might reversal and start to go down.
For each bullish candlestick pattern out there, there is a similar bearish candlestick pattern out there except the patterns are now reversed.

Bearish Engulfing Pattern

This candlestick pattern is the exact opposite of Bullish Engulfing Pattern. It is one of the most bearish reversal pattern in candlestick trading.
Here's the formation of Bearish Engulfing Pattern
a.) The stock is currently trading in an uptrend
b.) The first candlestick is a white candlestick representing an up day and the second candlestick must be red representing a down day.
c.) The body of the second candlestick completely engulfs the first candlestick.

Evening Star Pattern

1. The first candlestick is a white candlestick on an uptrend.
2. The second candlestick is a small body candle that closes above the first candlestick (the body can be red or white).
3. The third candlestick is a white body candle that opens below the second candlestick and closes above the first candlestick.

Dark Cloud Pattern

1. The first candlestick is bullish with long white body on an uptrend.
2. The second candlestick is a bearish candlestick that open above the previous day's high and close below the midpoint of the previous day's body.

Doji Pattern

1. A Doji is formed when the open and close price are the same. A bearish reversal pattern is formed when a Doji occurs on an uptrend.

Bearish Harami Pattern

1. The first day is a large bullish white candlestick on an uptrend.
2. The second day is a small candlestick that trades in the previous day's body.

How to Screen For Candlestick Patterns?

Searching for Candlestick Patterns manually is a hard task. By the time you find these patterns, it may already be too late. Therefore, we
developed Candlestick Screener on this site to help you search Candlestick Patterns quickly
and easily, and it will save you a lot of time. You can go to the stock screener page and
click on any of the Candlestick Pattern, and you will get a list of stocks that matched the particular Candlestick Pattern you searched for.
If you are looking to short stocks, then you can use the short stock screener to get stock ideas with bearish candlestick patterns.

Candlestick Course

If you want to learn more about candlestick, you can get the Candlestick Mastery Course which is on sale right now. You will
learn all you need to know about Candlestick Trading in this comprehensive course.

Candlestick Patterns

A technical trader should always use candlestick patterns to optimize their buy and sell entries for maximize profit.

Bullish Candlestick Stock Patterns Bullish Engulfing Pattern Doji Pattern Three White Soldier Pattern Above Stomach Pattern Hammer Pattern Piercing Pattern Harami Pattern Morning Star Pattern Bullish Kicker Pattern Three Outside Up Pattern Bullish Side By Side Pattern Rising Three Method Pattern Three Line Strike Pattern Last Engulfing Top Pattern Three Line Strike Pattern

Bearish Candlestick Stock Patterns Bearish Hanging Man Pattern Bearish Dark Cloud Cover Pattern Bearish Harami Pattern Bearish Evening Star Pattern Bearish Kicker Pattern Shooting Star Pattern