Evening Star Patterns 2 15 2017

An evening star is a bearish candlestick pattern consisting of three candles that have demonstrated the following characteristics: the first bar is a large white candlestick located within an uptrend; the middle bar is a small-bodied candle, red or white, that closes above the first white bar; and, the last bar is a large red candle that opens below the middle candle and closes near the center of the first bar’s body. This pattern is used by traders as an early indication the uptrend is about to reverse.
SymbolNameExchangeSectorIndustrySCTRUniverseCloseVolume
URREUranium Resources Inc.NASDMaterialsNonferrous Metals2.351909270
NMNavios Maritime Holdings, Inc.NYSEIndustrialMarine Transportation1.871227546

trading-with-the-trend-logoLEARN TO TRADE WITH A PROFESSIONAL MINDSET

Developing a professional mindset will enable you to avoid common trading traps and pitfalls. Our trading courses have been designed to show both new and experienced traders how to objectively find high-probability trading setups.  There is always something more to learn.

Learn where, when, and why to enter

How to manage your trades on multiple timeframes

How to objectively set realistic profit targets

How to use a protective stop-loss to preserve your trading capital