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.

110928goog


Click this image for a live chart

 Previous Article Next Article