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Hammer |
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Hammer A price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.  Notes: A hammer occurs after a security has been declining, possibly suggesting the market is attempting to determine a bottom.The signal does not mean bullish investors have taken full control of a security, it simply indicates that the bulls are strengthening. See also: Bar Chart, Bear, Bull, Bullish Belt Hold, Bullish Engulfing Pattern, Candlestick, Technical Analysis |
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On a square foot basis, there are other trophy buildings in the city that could go onto shatter sales records but, said Rocett, it's anyone's guess if they'll go under the hammer. More than 150,000 Concorde items are to go under the hammer in a British Airways online auction. Seventy auction lots will go under the hammer during a 90-minute television and Internet broadcast, following which an additional 70 lots will be auctioned on the Internet via The Auction Channel's Web site. |
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go under the hammer
