How are Shooting Star patterns interpreted by analysts and traders? | Investopedia

A type of candlestick formation that is identified when a small bodied-candle is positioned above the price range of the previous candle as a result of a gap in the underlying assets price.

One of the four categories quadrants of the BCG growth-share matrix that represents the division within a company that has a large market share in a rapidly expanding industry.

Small bodied candles in the star position often suggest that market participants are becoming indecisive and that the strength of the current trend could be reversing. For a valid star pattern, most traders will watch for small bodied candles to follow a large bodied candle because this setup generally leads to a higher probability of a true trend reversal than when the body of the first candle is small.

A star requires investment capital to expand continually within a fast growing industry, thus maintaining its advantage.

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Should the industry mature with the star positioned as a leader, the star will transform into a cash cow. Dictionary Term Of The Day. A measure of what it costs an investment company to operate a mutual fund.

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Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Morning Star Evening Star Three Stars in the South Real Body Bullish Engulfing Pattern.

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