The persistent uptrend of the markets are providing numerous sectors showing good strength. Candlestick charts allow for identifying which of those sectors might be trading a little bit stronger than the rest. The homebuilder stocks can still be bought, TOL, PHM, BZN, TMHC. The Biotech’s remain strong CDXC, BEAM, CYCN, OSUR, ACIU, CRDF. And diversified electronics are showing good strength, BE, OESX, NEON. Identifying the strongest stocks in each sector is simplified by knowing the strength/results of individual candlestick signals and patterns.SHALL it is coming out of a very large cradle pattern. A cradle pattern illustrates indecision between the bulls and the bears. The footboard, or the breakout candle, demonstrates which direction investors finally made their decision. The results of a cradle pattern are usually very powerful, especially the longer the indecision/Doji’s was illustrated.
