SBL
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0.00% 0.1¢ signature metals limited

classic shakeout candle

  1. Len-Hun
    4,578 Posts.
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    14/09/11
    11:29
    Post #: 8957389
    I told ya in my other post classic shake out candle yesterday.

    What is a shakeout candle???

    Shakeout candle is a candle on the chart that its wick not the body of the candle falls below a key support level this makes investors believe the sp is going to fall further and shakes out panic sellers, but it actually signals a trend reversal.
    SBL Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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