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What Is an Island Reversal? An island reversal is a price pattern that, on a daily chart, shows a grouping of days separated on either side by gaps in the price action. Stock analysts read this ...
Outside reversal is a chart pattern that shows when a security’s high and low price for the day exceed those achieved in the prior day’s trading session.
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play ...