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TA Lesson Of The Week: Bullish Engulfing
A bullish engulfing is often a sign of a short term trend reversal. If you see a bullish engulfing with higher than average volume, that gives more confluence to the trend reversal.

These trend reversals sometimes lead to just a day or two of green followed by more downside or can lead to a few weeks of green.

A few examples of these today include $FVRR, $U, $UPST, $TWLO, $SHOP.

All of these stocks are in steady downtrends which means stay patient on your long entries, but they are ones to watch tomorrow for continued strength.

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