Three Stars in the South is a three candlestick bullish reversal pattern. The pattern occurs in a downtrend, where the first candle is long bodied and black with a long wick. The second day looks similar to the first and has a higher low than the first candle. The third candle is a Marubozu which
Rising Three Methods is a five candlestick bullish continuation pattern. The pattern occurs in an uptrend where the first day is a long bodied white candle. This is followed by three small bodied candlesticks where each trends lower and closes inside the body of the first candlestick. The pattern is completed by a long bodied
Three Outside Up is a three candlestick bullish reversal pattern. The pattern occurs in a downtrend and begins with a candle in the direction of the trend. The second candle’s real body engulfs the first days body. The third candle closes higher than the previous day.
On a Japanese Candlestick chart, this bearish reversal pattern occurs during an uptrend. The pattern starts with a large white body candle, the second candle caps higher, trading in a small range, and closing at or near its open, creating a Doji. The black third candle closes below the midpoint of the body of the
Firm: ESL InvestmentsCity: Greenwich, Connecticut2008 Age: 46 Edward S. “Eddie” Lampert is the founder of ESL Investments. Lampert graduated from Yale University in 1984 with a degree in economics. While at Yale he worked as a research assistant for Professor James Tobin, a Nobel Prize winning economist. Lampert was also a member of Skull and