hockeysniper

reversal hammer candle on daily timeframe

Lång
NASDAQ:TTD   The Trade Desk, Inc.
I wanted to go over reversal candles in down trends for symbols TTD. TTD - Is a stock I've been following for years and recently posted a good earnings report.
On jan 7th, we had a hammer candle after a downtrend which means a possible reversal.
The fib retracement was close enough to the most common .618 retracement level.
There was strong support there as well from the earnings gap up area of $702
If you have any questions, please leave a comment

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