MSFT Trade | Video Replay
This not a recommendation to this stock or option. Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website (Hit and Run Candlesticks Inc.) should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
It was possible to get 80% from the WAC trade, but let’s be realistic. No one gets the perfect bottom or top in a chart, however, do you think you might have been able to profit a nice little bundle form a trade that offers an 80% profit window. We were able to capture 2-20+ percent trades on WAC.
This not a recommendation to this stock or option. Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website (Hit and Run Candlesticks Inc.) should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
When I hear the word engulfing, I imagine a wave washing over a shore or a building being consumed by flames. To engulf means to sweep over something, to surround it, or to cover it completely. Thus, it should come as no surprise that a Bullish Engulfing pattern features one candlestick covering (or engulfing) another. This two candlestick pattern occurs after a downtrend and is formed by one bearish candlestick (which is covered) and one bullish candlestick (which does the covering). It occurs frequently, so it is important that you learn to identify and interpret it. Ready for a quick lesson? To learn more about the Bullish Engulfing pattern’s formation and meaning, simply scroll down.
