SQMATESQMATE

Bullish kicker

Bullish

After a long red bar with almost no wicks, price gaps open above its open and closes as a long wickless green bar — yesterday's story overturned in a single session, which is why it reads as one of the strongest reversal candles

Most patterns resolve their way only 50–60% of the time — nearly half miss.

Textbook shape

How to read it

A long red bar with almost no wicks, then the next session opens above that bar's open — a gap — and closes as a long wickless green bar. Yesterday's selling was overturned wholesale overnight.

The gap is the point: price never came back to fill it, so anyone who sold the day before got no second chance. That is why it ranks among the strongest reversal candles.

It usually comes from news that reprices the stock outright — earnings, a bid, a guidance reset. Reading the cause alongside the shape is natural here.

Real example

US stockSMCIDaily

Completed 2024-01-19

Complete

A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.

On SQMATE

No more eyeballing charts

You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.

SQMATE draws the lines

Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.

Patterns aren't the whole story

The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.

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