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The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.
Hammer Candlestick: What Is It? A key component of technical analysis, candlestick patterns give traders important information about the mood of the market. The hammer candlestick is one of the most ...
A downtrend has been apparent in JD.com, Inc. (JD) lately. While the stock has lost 11.5% over the past week, it could ...