November 09, 2010

An evening star reversal for ATI plus 13 others on NYSE

By Arthur Hill
Candlestick Patterns

Allegheny Technologies (ATI) formed an evening star over the prior three days. This bearish reversal pattern consists of three candlesticks: a long white candlestick, a small body candlestick and a long red candlestick to complete the reversal. The predefined scans page showed 14 such patterns forming on the NYSE and 3 on the Nasdaq.

101109ati
Click this image for a live chart

Posted by Arthur Hill at 11:31:11 AM in Candlestick Patterns

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