Shooting Star Candlestick Patterns November 2 2015

The shooting star pattern is a 1-bar candlestick pattern found at the end of an uptrend. In this pattern, the stock gaps up at the open and then rises up to a point well above where it started the day at. In general this pattern indicates that there is supply of the stock at this level and that the preceding rally is not sustainable.

Plains All American Pipeline L.P. (PAA)

Stock Price Quote as of Mon, Nov 2nd, 2015
High 32.42 Low 31.20
56.98 52Wk High
(-44.82%)Since 11/03/14
26.71 52Wk Low
(+17.71%)Since 09/29/15
Open 31.20 Prev Close 31.72
Volume 1,674,186 Avg Volume 2,259,005
EPS 1.86 Div & Yield $2.80 (8.85%)
P/E Ratio 17.01 Market Cap $12.50 B
Weighted Alpha -46.10 Standard Dev -0.43

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