Penny stock with candlestick pattern forming with >90% probability of success
10/11/2024 04:02am
No penny stocks currently meet the criteria of forming a bullish hammer pattern with a probability of successful reversal greater than 90%. The query for closing prices below $5 that formed a bullish hammer pattern with a reversal probability greater than 90% returned zero results.
However, it's important to note that even if a pattern is formed, predicting the exact probability of success is challenging due to the dynamic nature of financial markets. High probability does not guarantee success, and it's crucial to consider other factors and indicators for making informed trading decisions.