An inverted hammer candlestick pattern is depicted as an inverse hammer with the body of the candlestick being small, and the upper wick of the candlestick being over twice as large as the body of the ...
The Inverted Hammer is one of the key candlestick patterns in technical analysis, signaling a possible trend reversal. This pattern occurs at low price levels after a price decline, suggesting buyers ...
The stock that we have today is Mphasis. The trend has been bullish since early April. Last week, the stock formed an inverted hammer candlestick pattern, showing a bullish trend reversal. Also, the ...