Bullish engulfing reversal pattern formed at trend line.
Stochastic oscillator is in the oversold zone, so the bullish engulfing reversal pattern satisfies the candle pattering filtering.
Bullish engulfing reversal pattern bouncing off the top edge of the cloud.
GMMA indicator shows evidence of up trend.
Outcome:
25 Jan: Opened LONG at $34.74
22 Feb: Closed at $34.92
Reason for closing: Spinning tops formed on 26 Jan and 17 Feb, both with high of $35.27.
Not able to rally higher than $35.27
Profit $0.18, 0.5%
