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FxCloudTrader
Nov 13, 2022 5:29 PM

Kicker follows through on Nasdaq 100 Long

Apple Inc.NASDAQ

Description

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.
Comments
FxCloudTrader
Meant to say AAPL rather than Nasdaq 100 😰
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