Bullish Engulfing Candlestick Patterns Oct 21 2015

The bullish engulfing candlestick pattern is a two-bar candlestick pattern. In this pattern, the first bar is a modest down day and in the next day a larger up day follows. This suggests that at the start of the session sellers sold the stock off, and then buyers came in and bought it all the way back up again and then some.

Baker Hughes Inc (BHI)

Stock Price Quote as of Wed, Oct 21st, 2015
High 55.11 Low 52.95
70.45 52Wk High
(-22.77%)Since 05/05/15
44.11 52Wk Low
(+23.35%)Since 08/24/15
Open 52.95 Prev Close 53.17
Volume 3,868,930 Avg Volume 3,001,775
EPS 2.55 Div & Yield $0.68 (1.28%)
P/E Ratio 20.91 Market Cap $23.72 B
Weighted Alpha -4.50 Standard Dev +1.04

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