August 15th Market Direction

The strong sectors can be easily identified with candlestick analysis. The strong sectors have multiple confirmations. The signals and patterns can confirm what logical analysis would be implying. The lithium mining stocks have been acting well because of all the emphasis on the push for more electric vehicles worldwide. Have you ever witnessed information in the investment news area indicating likely bullish trading but then the prices do not move? That’s the benefit of candlestick charts! They reveal whether your analysis is correct. As seen in the lithium mining stocks, strong candlestick patterns revealed the buildup of bullish sentiment, fry pan bottoms. Additionally, if the vast majority of stocks in that sector are moving in the same direction, simple logic indicates investors are buying that sector across the board. The strength of individual candlestick signals, such as the kicker signal, also reveals when there has been a major change of investor sentiment in an individual stock. Join us in our chat room. Each day a good number of chat room members identifying what strong price move setups are occurring provides a constant supply of good trades and the rationale/explanation of why those chart patterns will produce good trades. This dramatically expedites the learning of candlestick analysis.
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Good Investing,

Stephen Bigalow

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