Bearish Engulfing Scan Lights Up
With a strong open and weak close on Wednesday, hundres of stocks made the cut for the bearish engulfing scan (177 Nasdaq and 183 NYSE). The chart below shows Google ($GOOG) breaking wedge support last week and forming a bearish engulfing after a three day bounce. You can find more candlestick patterns on the Predefined Scans page.

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