They are circles on the chart. A bullish island reversal is caused by a gap down, followed shortly by a gap up. Those two gaps occurred on Oct. 31 and Nov. 5. A bearish island reversal is caused ...
The second was a bearish “island reversal” that developed on the Jan. 27 gap lower and remained unfilled on a closing basis going into last week’s trading. The rally that failed to fill that ...
Subscribers to Schaeffer's Weekend Trader options recommendation service received this CLS commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry ...
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