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Kicking

 

Description

 

This bullish reversal pattern is considered highly reliable.

 

It is formed by a long black candlestick (Black Marubuzo) followed by a White Marubuzo (open is the low of the day and the close is the high of the day) that gaps up in the opposite direction. The stock gapping up and rallying close to its high is considered bullish. Confirmation is found the greater the volume on the white candlestick day.

 

Market Opinion

Bullish.

Pattern

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