LEAP forms bullish engulfing

Direct from the StockScans candlestick page, Leap Wireless (LEAP) formed a bullish engulfing on big volume Friday. A bullish engulfing forms with a filled black or red candlestick and longer white candlestick. The white candlestick's open is below the prior close, but the stock rallies to close above the prior open. High volume reinforces the pattern.

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