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An island reversal is a price pattern that, on a daily chart, shows a grouping of days separated on either side by gaps in the price action. Stock analysts read this pattern as an indication that ...
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The S&P 500 gapped higher on June 5, then gapped lower on June 11. This creates an “island reversal” where you can draw a circle around the price action between June 5 and June 10. This is ...
The QQQ ETF is below an "Island Reversal" set between March 9 and March 16 with my monthly risky level of $170.94 at the base of the island. The Transports ETF ended last week above my quarterly ...
The rally has produced an "island reversal" chart pattern that could lead many to believe the stock has already bottomed, and a medium- to longer-term uptrend may have already started. The pattern ...
I'm using the 30 minute chart because it is the easiest to see, but this Bullish Island reversal pattern is valid from the daily chart all the way down to the 1 minute chart. This is a bullish ...