Anbat

What Do All Of These Candlestick Tails Mean?

Long
NASDAQ:UBSH   None
If like this bank stock, you see around 21 daily candlestick bars going sideways and/or price action refusing to go lower, it means Bullish Run Soon. Would be time to buy stocks and/or bullish put credit spreads underneath price action (like sell higher premium at $34 & buy lower premium at $33), pocket difference until expiry of contract. Could be weekly or longer contract. Earnings is on 4/24/18 or Tuesday.

Just like a professional athletic, if you truly understand only a FEW stocks and trade them religiously, you will SUCCESS. If you are into a different flavor of chicken noodle soup, then you will get disappointed and not understand anything completely.
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