Shooting star candlesticks are popping up after a couple of volatile days. A CandleGlance view of Thursday's most active list shows shooting stars in the four most active stocks. GE and S formed shooting stars on Wednesday. C and BAC formed shooting stars on Thursday.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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