spin_top
Function Name: spin_top
Tags: None
Category: Candlestick
A type of candlestick formation where the real body is small despite a wide range of price movement throughout the trading day. This candle is often regarded as neutral and used to signal indecision about the future direction of the underlying asset. If a spinning top formation is found after a prolonged uptrend, it suggests that the bulls are losing interest in the stock and that a reversal may be in the cards. On the other hand, if this formation is found in an defined downtrend, it suggests that the sellers are losing conviction and that a bottom may be forming.
Link: http://www.investopedia.com/terms/s/spinning-top.asp
ShowTraderBar |
|
|
Default Value: -1 |
|
Type: Boolean |
ShowTraderMark |
|
|
Default Value: -1 |
|
Type: Boolean |