Pro-Assurance Corp (PRA)

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Pro-Assurance Corp (PRA): Signals

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Summary

[BEARISH]: Pro-Assurance Corp has formed a new Bear Harami reversal pattern.


[Definition]:
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”.

[Calculation] Bear Harami Candlestick Pattern:
1) The market is characterized by a prevailing uptrend;
2) A white body is observed on the first day;
3) The black body that is formed on the second day is completely engulfed by the body of the first day;

Top 10:

Weak Reversal

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