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Reading Time: 3 minutesThe hammer candle resembles an umbrella in shape. It is a type of spinning top candle formation. It has a small real body at the top of the candle followed by a long lower shadow. Hammer candle…
Reading Time: < 1 minuteTechnical analysts use the size of the candlestick’s real body to gauge the market’s momentum. Large size real body indicates thrust in one direction. Small size real body indicates loss of steam that could lead to…
Reading Time: 2 minutesRational and irrational behaviors are at play in the stock market. John Maynard Keynes: ‘There is nothing so disastrous as a rational investment policy in an irrational world.’ There is so much money in circulation in the…
Reading Time: 3 minutesThe candlestick consists of a ‘Real Body’. It is the rectangular section of the candlestick that depicts the range between the opening and closing price during the session. If the closing price is greater than the opening…
