30-minute bullish engulfing candles everywhere, intraday.
After an established prior downtrend (on this timeframe) the bullish engulfing candle should put you on watch for upside reversal. However, all individual candles require confirmation. Also remember to not get carried away by timeframes.
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It’s moments like this that show how an over watched stock can confound everyone.
$AAPL breaks lows, holds lows, pick the level, but this reversal (assuming it lasts beyond 4:00) was in a no mans land on charts.
Agreed – but it’s been one hell of a lot of fun to watch!
That was the 2nd of a 3rd buying program that was initiated. The 3rd one to occur before the Thanksgiving break, IMO.