Question Details

	Username: Peter Rating: Asked to: Dara Madee Date Created: 08 Feb 2017
Category	17
Tag	Financial
Question	What is a 'Hanging Man'?

Advice from Guru

Hi Peter,

A hanging man is a bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally, the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning.

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