![]() ![]() The stock collapses dramatically only to close higher far away from the lows. You have to imagine what happened during the trading day. I invite you to take a read of the article I have written about The Super Bottoming Tail.īasically the bottoming tail, the super bottoming tail and the hammers are just variations of a candlestick pattern that has a small body with long tail. In order to fully understand why we need to scan for stocks making the bottoming tail or hammer, you need to know the power of this candlestick pattern. ![]() The Power Of The Bottoming Tail Or Hammer Some trades can offer very good risk reward ratio as well. They offer traders a great way to play the stock market. That is why many many traders like to scan for them. The bottoming tail or also known as the hammer is a powerful bullish reversal pattern that often appears at the end of a correction of downtrend. In this article, we will explore the different ways and places to look for stocks that area making these patterns. If you like to play bottoming tails or hammers, here is a good way on how to scan stocks that are making these candlestick patterns. Stocks At 50 MA & 200 MA How To Scan Stocks For Bottoming Tails Or Hammers Important Stocks To Watch - Breakout Stocks/ Important Developments
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