She has 15+ years of experience as a financial writer and technical analyst. The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick ...

We will focus on five bullish candlestick patterns that give the strongest reversal signal. The Hammer is a bullish reversal ...

Friday’s pattern was a bullish hammer candlestick with the lows bouncing off support around both the 50-Day MA at $30.97 and an internal uptrend line. The high for today was $31.84 and the low ...