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Term of the Day
bullish homing pigeon
bullish engulfing pattern
bullwhip effect
Definition
A
price
chart
indicator
that occurs when candlestick
analysis
is used. When two black candlesticks (downward
price
) appear where the body of the
second
fits within the body of the first, the
pattern
is seen by some
analysts
as a weakening of a
bearish
trend
.
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equity
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