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Hammer
SUBMITTED BY:
chanhtin
DATE:
Dec. 9, 2015, 2:10 a.m.
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BREAKING DOWN 'Hammer'
A hammer occurs after a security has been declining, possibly suggesting the market is attempting to determine a bottom.
The signal does not mean bullish investors have taken full control of a security, it simply indicates that the bulls are strengthening.
Read more: Hammer Definition | Investopedia http://www.investopedia.com/terms/h/hammer.asp#ixzz3tmlZ3Hf2
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