Apple IncLong
Kicker follows through on Nasdaq 100
Notice this week's candlestick has fat body meaning the bulls were in overall control following a kicker signal, this is what you'd expect to see after such signal for potential change of direction.
It's important to point out a similar kicker signal a few weeks ago has no follow through, instead the very next candle is a inside doji followed by an bearish engulfing candle.
Verdict: current change of direction remains in effect as long as there's no contradictory patterns showing up.
It's important to point out a similar kicker signal a few weeks ago has no follow through, instead the very next candle is a inside doji followed by an bearish engulfing candle.
Verdict: current change of direction remains in effect as long as there's no contradictory patterns showing up.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.