A candlestick charting formation that shows up when a security does not trade outside the scope of opening and closing prices. This is represented by a candlestick without shadow that extends from the body, either at the opening or closing price. On a gaining day, the opening price is the daily low and the closing price is the daily high; which signifies a bullish signal. On a losing day, it’s the other way around; which means it is a bearish signal.
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