⚡️ Stocks with 3 Bullish Signals

➡️ We arrived at the above stocks after scanning for 3 bullish signals - three white soldiers, a 52-week high, and above-average volumes.

➡️ ‘Three white soldiers’ is a candlestick chart pattern consisting of 3 consecutive long-bodied bullish candlesticks that open within the previous candle's real body and have a close that exceeds the previous candle's high. It is a bullish pattern predicting the reversal of a downtrend in a stock’s chart.

➡️ High volumes seen in any stock indicate involvement of ‘smart money’, i.e. investment interest with a high flow of capital. Above-average volumes are always a positive sign, especially when combined with other indicators.

➡️ Stocks forming a 52-week high are usually indicative of market interest, especially when combined with high volumes. Note that buying stocks that are trading at a 52-week high is not always a good move, especially if other confirming indicators are missing.

👀 3 indicators pointing in the same direction is definitely something you should watch out for!

📌 Learn how to use candlestick patterns and other simple indicators to devise effective trading strategies with our Candlestick Trading Course by Mr. Khagesh Agarwal.

None of the above stock ideas are intended as recommendations. Please consult a registered advisor before buying/selling.

✍🏼 If you have any questions or just want to say hi, feel free to write to us at [email protected]