#1
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What is a morning star in stock trading?
I have heard this term "morning star" and I was wondering what this is exactly and how I can tell when a stock has a morning star?
I know this is a good bullish sign in a stock but what is a morning star exactly? |
#2
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A morning star is indeed a very bullish stock indicator. Basically it marks the end of a bear market trend and the beginning of a bullish trend. This is usually the best time to buy into the stock, if not the very best time because the stock is at it's lowest PPS and thats when you want to buy in.
If you want do know what a morning star looks like, here is a picture below in a candle stick chart. Note that a morning star is the opposite of an evening star. |
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