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Candlestick Chart Patterns: Unlike the more common line graphs, or open-high-low-close (OHLC) trading charts, certain patterns demonstrate that a penny stock's trend is about to reverse, or that prices may fall (or rise) in the coming weeks and days. Some popular candlestick patterns are dark cloud cover, outside reversal pattern, Doji, Harami, engulfing, piercing, hammers.
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Penny stocks are super cheap stocks with a share price of $5 or less. Find stocks with our stock market simulator at HowTheMarketWorks.com.
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