Stock Of The Day: Bearish Engulfing Pattern For AppLovin?
AppLovin Corporation APP is down on Thursday. The stock recently staged a strong rally after reporting earnings, but yesterday a classic reversal pattern formed on the chart. But by the close, the tide had turned. APP is feeling the pressure from bearish momentum. See the full story here. Chart patterns are graphical illustrations of the supply and demand dynamics that are occurring in a market. Many traders look for signals by using Candlestick charts. Some are surprised to find out that these charts were ...