Facebook Pattern Recognition Inverted Hammer

FB -- USA Stock  

  Trading Volume Increase

Facebook pattern-recognition tool provides you with the Pattern Recognition execution environment for running Inverted Hammer recognition against Facebook. Facebook momentum indicators are usually used to generate trading rules based on assumptions that Facebook trends in prices tend to continue for long periods.
Horizon     30 Days    Login   to change
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Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Inverted Hammer pattern indicates that the buyers drove prices of Facebook up at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened. View also all equity analysis or get more info about inverted hammer pattern recognition indicator.

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