What Is an Example of a Head and Shoulders Pattern? (Nasdaq: Apple) In the candlestick chart below (which shows daily intraday highs and lows and closing and opening prices) pictured below ...

A single candle formation on a candlestick chart ... markets across 34 countries and the Zacks Rank Trading Tool. The head and shoulders pattern might be the most popular stock chart pattern ...

The body of the candle is short which represents the head of the hammer while the longer wick is a sign that sellers are driving prices low during a trading session, which would be followed by ...