Important Stocks To Watch - Breakout Stocks

Long Term Breakouts To Watch

Stocks At 50 MA & 200 MA

Three White Soldiers Candlestick Pattern

The three white soldiers candlestick pattern is an extremely bullish candlestick pattern that often ignites a new uptrend in a stock that was in a downtrend.

three white soldiers candlestick pattern

The picture above shows how the three white soldiers candlestick pattern looks like. After a period of downtrend or correction in the stock, the stock suddenly forms a large bullish candle which is followed by another 2 bullish candles that closes higher than the previous candles. Usually this kind of reversal happens at strong support areas where traders or investor will step in to buy the stock.

The daily chart of KMX above shows the appearance of the three white soldiers candlestick pattern after a period of downtrend. The candlestick pattern help end the downtrend and ignited a new uptrend in the stock.

As I said, the pattern often appears at weekly long term support. The above chart is the weekly chart of KMX. The three white soldiers pattern in the daily chart appeared at the weekly uptrendline support. When two time frames are in sync the stock reverses and go higher.

  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

  1. Technical Analysis Of NVDA - Nvidia Corporation

    Nov 26, 21 08:04 AM

    A technical outlook of NVDA's stock price. Is the stock in an uptrend or downtrend, where is support and resistance?

    Read More

  2. US Stock Market Analysis November 2021

    Nov 26, 21 07:17 AM

    Are the markets going to continue to move higher? Is it in an uptrend or downtrend and where are the support and resistance?

    Read More

  3. Stocks At Their 50 MA And 200 MA

    Nov 24, 21 05:47 AM

    Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off

    Read More

  4. Stocks To Watch - Breakout Stocks

    Nov 24, 21 05:33 AM

    Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.

    Read More

  5. Technical Analysis Of AAPL : Making Sense Of Apple's Stock Price

    Nov 24, 21 05:25 AM

    Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.