Bullish kicking
The Bullish kicking candlestick pattern is a bullish indicator. It is a very reliable candlestick pattern.
This pattern consists of two different days. The first day is a good sized bearish day. The second day the security gaps up and continues upward. This should be a very large candlestick.
Why is the bullish kicking pattern a bullish indicator? On the second day the stock gaps up which shows strong bullish pressure. It also continues rising up until it has made a giant bullish candlestick. This shows that the bulls are currently in control and are pushing the stock up higher.
Tip The security must gap up and keep the gap to be a bullish buy signal. If it does not keep the gap or heads up it may show that the bulls do not have the strength that you would want to see for a bullish play.
Other Candlestick Patterns
There are plenty of other patterns out there which show if a stock is currently bullish or bearish. Here are a few other indicators.
Bullish Belt Hold - This is a stock reversal signal that comes after a large downtrend.
Bearish Advance Block - A bearish reversal signal.
Morning Star - This pattern often forms the start of an upward movement in a security.
Other Candlestick Patterns
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