BULLISH ENGULFING * Pattern Description * This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
* Signal Update * Our system’s recommendation today is to STAY SHORT. The previous SHORT recommendation was issued on 11/11/2013, 4 days ago, when the stock price was 0.3430. Since then LYC.AX has fallen by -6.71%.
* Market Outlook * With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls.
