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one CANDLE proves nothing gyrating prices sometimes , allows bears control for a short moment —like in a shooting star, a defective and deceptive patern
Shooting STAR proven not to be as reliable as the MACD, OBV or even RSI.
BEST take position based on real earnings ugrowth rather than a candlestick pattern that does not take into account earnings growth, share buybacks , transfer to main board potential. Basically the shooting star is a BITE with no TEETH.