Earnings BeatPrice met 100% of the target for the Bull Flag pattern before earnings. A flag can stretch less or more than 100% and I use the pole to measure for targets. There are other techniques to calculate targets and we are all different. This one hit 100% almost on the nose.
Price is close to a resistance level. Support and Resistance levels were made to be broken.
To reach targets to the upside, price must break this level of R.
Spinning top so far today representing indecision. This candle may change by close.
Evening star candle pattern noted at last high.
This pattern consists of 3 candles. Day 1 is a green candle. Day 2 if a spinning top or a Doji that gaps up. Day 3 is a red candle that gaps down.
The Evening Star pattern is viewed as a bearish reversal pattern in technical analysis. It usually occurs at the top of an uptrend. There is also a Morning star candle pattern that can occur at a bottom.
See Steve Nissan's book on Japanese candlesticks or Candlestick Charting Explained by Gregory Morris.
No recommendation.