Friday January 3, 2025 Stocks where bullish harami candlestick patterns have formed - classic reversal signals after a downtrend, hinting at upside momentum as of today. $SOFI $MSFT $C $OXY $CRM $GLW $HON $MMM $COF $COST $NTAP

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Rank Ticker Price Volume Name
1 SOFI ðŸ“ˆ 14.84 40,762,600 SoFi Technologies, Inc.
2 MSFT 423.35 16,640,200 Microsoft Corporation
3 C 71.00 11,342,900 Citigroup, Inc.
4 OXY 50.51 10,615,000 Occidental Petroleum Corporatio
5 CRM 332.90 4,101,200 Salesforce, Inc.
6 GLW 47.50 3,235,300 Corning Incorporated
7 HON 226.52 2,637,100 Honeywell International Inc.
8 MMM 129.87 2,273,700 3M Company
9 COF 180.43 1,886,700 Capital One Financial Corporati
10 COST 916.58 1,612,200 Costco Wholesale Corporation
11 NTAP 116.94 1,091,900 NetApp, Inc.
What Is a Bullish Harami Candlestick?

A bullish harami is a two-candlestick pattern used in technical analysis to signal a potential reversal from a downtrend to an uptrend. The name "harami" is a Japanese word for "pregnant," which visually describes the pattern. The pattern is formed by two consecutive candles. The first is a large bearish (red or black) candle, which indicates that sellers are still in control and the downtrend is continuing. The second candle is a smaller, bullish (green or white) candle that forms completely within the body of the first candle. This smaller candle suggests that the selling pressure has weakened, and a balance is being reached between buyers and sellers. The fact that the price could not close lower than the previous day, and instead opened and closed higher within its range, is a key sign of indecision and a potential shift in momentum. Traders often view the bullish harami as an early warning that a reversal may be on the horizon. However, it is not a standalone signal. Many traders wait for confirmation from a third candle that continues the bullish movement or a break above a key resistance level. Combining the bullish harami with other technical indicators, such as the Relative Strength Index (RSI) or MACD, can help increase the reliability of the signal and confirm a potential trend change.