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Spinning Top candlestick pattern. ... Key stocks with these patterns. Recently, we’ve seen the Marubozu pattern in Altisource Asset Management Corporation (AAMC), ...
A spinning top pattern consists of a single candle that represents market uncertainty. The candlestick itself has a small body surrounded by long (roughly the same length) wicks on either side.
The pattern consists of three candles: one short-bodied candle (called a doji or a spinning top) between a preceding long black candle and a succeeding long white one.
Anand Rathi Stock Brokers’ market analyst Jigar Patel shared that the key levels to watch on Thursday, May 15, are resistance at 81,600 and support at 80,800.
Technical View: Nifty forms Spinning Top pattern, sharp selling likely if index breaks below 15,200 ... On stocks front, bullish setup was seen in Jindal Steel & Power, ONGC, Power Grid, ...
The index witnessed a formation of the bullish candle which resembles the Spinning Top kind of pattern on the daily charts, indicating indecisiveness among bulls and bears, but as long as it holds ...
Identify the differences between doji candles and spinning tops on a candlestick chart, and learn how traders look at each for signals of trend changes.
A spinning top pattern consists of a single candle that represents market uncertainty. The candlestick itself has a small body surrounded by long (roughly the same length) wicks on either side.