Loading ... ... Please wait!      Loading
Visually Analyze Option Strategies
 Home    Tutorials   Features   APPL 1.0   Webservices   Component-Lib    Login    Subscription   User Guide 

Shooting Star




This reversal pattern is one of the 12 major candlestick patterns.


At the top of an uptrend, it is a small white body with a shadow two times or greater the size of the body, with no lower shadow or a very small one. The longer the upper shadow, the better potential of a reversal. The color is not important, although a black shooting star would have a  bearish bias.


Confirmation is needed the following day with a black candlestick or a gap down with a lower close.


Market Opinion






Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Shooting Star_files\image001.jpg 
































Copyright 2012, Avasaram LLC. All rights reserved. Version 19.4.0 Follow us on   Contact
The information contained in this website is provided to you "as is," for your informational purposes only, without any representation or warranty of accuracy or completeness of information or other warranty of any kind. In no event will avasaram.com be liable to any party for any direct, indirect, incidental, special or consequential damages for use of this website or reliance upon any information or material accessed via it or any other hyperlinked website including, but not limited to, damages arising from loss of profits, business interruption, or loss of data.