Red Tail Inside Day Trade

The Bullish Harami is a sign of disparity in the marketís health. The market is characterized by a downtrend and a bearish mood, and there is heavy selling reflected by a black body, which further supports the bearishness. However, the next day prices open higher or at the close of the preceding day and the short traders are alarmed. This leads to the covering of many short positions, causing the price to rise further. The latecomers short the trend they missed the first time, and slow down the rise. Thus, a small white body is formed. This may signal a trend reversal since the second dayís small real body shows that the bearish power is diminishing.

Here are the Bullish Harami stocks on 10-24-2016 for trading on 10-25-2016


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