Using our candlestick scanner it’s easy to find popular patterns such as hammer candlesticks or engulfing candles. You can choose from a huge selection of patterns in our screener, but which ones are effective and how can they be used in your technical analysis? Below I've walked through a couple of example strategies for using hammer candlesticks to find support or r … [Read more...]
Screener and Technical Indicators on CRM, FB and JCP
After 4 days of downside across the main US indices, futures seem to be pointing to a higher open on Wednesday 15th June. Whether this strength last throughout the session remains to be seen, but here we run our scans on some stocks with potential to move today based on our technical indicator screeners. First of all (CRM) Salesforce we featured in our last blog post here, … [Read more...]