ilmscore | 7 Candlestick Patterns I'M ACTUALLY USING Every Day

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Stocks that become the hottest of the day and have already gained 50% or more have a very high likelihood of further gains of 100% to 500%.
"Their likelihood now of going up 100, 150, 200, 300, 400, 500%. Is very high. Once a stock becomes the hottest stock of the day in a hot market, it can make a huge move."
Stock Market Performance
Pending
If the price breaks below the 9-period Exponential Moving Average (EMA), it will typically find support at the 20-period EMA. If it breaks below the 20-period EMA, it is expected to sell off significantly more.
"The 9 EMA is a level of support. And if it breaks the 9 EMA, then we typically find support at the 20. And if it breaks the 20, then we're usually going to sell off quite a bit more."
Trading/Technical Analysis
Pending
If the low point in an ABCD pattern is broken, the price is expected to continue a downward stair-stepping trend.
"If it breaks the low here, then what we're really doing is we're stairstepping down. And we expect the next pop to continue stairstepping down."
Trading/Chart Patterns
Pending
A double top chart pattern is predicted to act as a significant technical resistance level, making it challenging for the price to advance past it.
"We know as this is coming up here that that's going to be resistance, technical resistance, double top. It's going to be hard to break that level."
Trading/Chart Patterns
Pending
When an inverted head and shoulders pattern is identified, the price is expected to rise (squeeze back up), aiming to retest its previous high.
"It's an inverted head and shoulders pattern, but we expect it to squeeze back up. And our target is a retest to the high."
Trading/Chart Patterns
Pending
A price breaking the VWAP (Volume Weighted Average Price) downwards is expected to exhibit high selling volume, while a break upwards is expected to show high buying volume.
"So the break to the downside could be a high volume selling candle and the break to the upside is a high volume buying candle."
Trading/Technical Analysis
Pending
The formation of a large topping tail on a candle suggests that the price is likely to reverse and decline, and it is improbable that it will retest its recent high.
"That tells us that yes, the price squeezed up, but then sellers pushed it right back down and this is probably going to reverse and come down lower because a short is going to look at this and think, well, you know, this thing it probably open more like this, but this thing is probably not going to retest the high because everyone's going to look at this candle and see that it's negative. It's bearish."
Trading/Chart Patterns
Pending