by Greg Guenthner
Daily Reckoning
Your trades are most profitable when you can pinpoint when a stock will most likely experience a reversal of fortune.
So it pays to know the early signs of a change in trend. And candlestick charts are some of the best market visuals you can use to get advance notice that a trend change is on the way.
We’ve used candlestick analysis to help spot some of our most profitable comeback plays this year. And if you take a few minutes to learn how to read candle charts, I can all but promise you’ll see bigger gains and instantly improve your trading profits.
I know many investors who aren’t familiar with candlestick charts are intimated by the bedlam of lines on the page.