Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade. For more about this candlestick click here.
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
BPO Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
