The Stock Stethoscope

DOJI CANDLESTICK PATTERN

The “Doji” candlestick pattern is a commonly observed candlestick pattern on price charts and is widely used by technical analysts to interpret market sentiment. A Doji pattern occurs when the opening and closing price of an asset is almost the same, creating a short candlestick with a long wick. A Doji candlestick pattern indicates that…
HANGING MAN CANDLESTICK PATTERN

The “Hanging Man” is a candlestick pattern used in technical analysis to help identify potential reversals in an asset’s price movement. It is a single candlestick pattern that is formed when the price opens high, trades lower throughout the day, and then closes near its opening price. The Hanging Man gets its name from the…
SHOOTING STAR CANDLESTICK PATTERN

The “shooting star” is a bearish candlestick pattern that occurs during an uptrend in a financial instrument’s price. The pattern is formed by a single candle with a small body and a long upper shadow that is at least two times the length of the candle’s body. The lower shadow is usually very small or…
INVERTED HAMMER CANDLESTICK PATTERN

The “Inverted Hammer” is a bullish candlestick pattern that forms at the bottom of a downtrend, indicating a potential trend reversal. It is a single candlestick pattern and is characterized by a long upper shadow and a small real body near the bottom of the candle. The lower shadow, if present, is typically small or…
HAMMER CANDLESTICK PATTERN

The “Hammer” candlestick pattern is a popular technical analysis tool used by traders to identify potential bullish reversals in the market. It is a single candlestick pattern that forms at the end of a downtrend, and it is characterized by a long lower wick, a small real body, and little or no upper wick. The…
INTRODUCTION TO CANDLESTICKS

Candlestick charting is a popular method used by traders to analyze and visualize price movements in financial markets. This technique originated in Japan and has been used for centuries in trading rice futures. A candlestick chart is a type of financial chart used to represent the price movement of an asset over a specific period…
WHAT IS THE RIGHT TRADING PHILOSOPHY?

The right trading philosophy is subjective and can vary depending on an individual’s goals, risk tolerance, and investment style. However, some general principles can guide a sound trading philosophy: Develop a trading plan: Having a trading plan that outlines your investment goals, risk management strategy and trading rules can help you stay focused and disciplined.…
MANIPULATION IN STOCK MARKET

The stock market can be manipulated in various ways, some of the most common techniques include: Pump and Dump: A group of investors artificially inflate the price of a stock by spreading false or misleading information about the company, creating hype and interest around the stock. Once the price of the stock rises, they sell…
DOWNSIDES OF STOCK MARKET : HOW TO ADDRESS THESE ISSUES

The stock market has several potential downsides or “dark sides,” which include: Market volatility: The stock market can experience significant volatility, which can lead to large swings in the value of investments. This can create anxiety and uncertainty for investors and can lead to panic selling or irrational buying. Insider trading: Insider trading is the…