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Entries in candlestick patterns for beginners (1)

Popular Stock Charts IN THE NEWS Analysis for ROKU & NUAN


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Chart #1 Candlestick Pattern Analysis Explained 


ROKU Run Defies Downtrending Market ROKU gapped and ran in a long white candle pushing through prior highs resistance easily.

ROKU recently had a strong earnings report. This pattern completes the bottom formation. chart with thanks.


Chart #2 Candlestick Pattern Analysis Explained

$NUAN runs out of platform pattern.

NUAN had a strong run out of a platform and rose above previous highs resistance level.

This was on a weak market day. Percent Shares Heeld by Institutions PSHI indicator is high for this stock. It has new technology coming this year. chart with thanks.


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TechniTrader technical analysis using TC2000 charts, courtesy of Worden Bros.

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