Shooting Star


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Shooting Star

In candlestick charting, a situation in which a security, which was trading above its opening price for most of the trading day, suddenly reverses and closes down for the day. This is represented on the candlestick chart by a (usually short) black candle with a long upward shadow, which looks like a wick. Shooting stars occur during a bullish trend and may indicate reversal.
References in periodicals archive ?
"The Shooting Star Unit has a fantastic reputation.
These small fragments burn up high in the atmosphere above us, giving the beautiful impression of shooting stars.
The shower can feature between 80 to 100 shooting stars every hour crossing the skies above Britain.
"We are targeting the whole world, as our stockpile of shooting stars will be in space and can be delivered across the world," ALE chief executive Lena Okajima told reporters on Wednesday.
The first test of the original "shooting stars on demand" plan is scheduled to happen over the city of Hiroshima, a place chosen by ALE Co.
Intel has created an entirely new entertainment concept by producing drone light shows featuring hundreds of Intel Shooting Star drones all controlled by one pilot.
The unique drone light show featured 300 Intel Shooting Star drones in a choreographed aerial performance marking the first-ever drone integration during a televised event and a Super Bowl.
BEIRUT: This weekend's night sky will -- to the naked, Earth-bound eye -- be filled with shooting stars for annual Perseid meteor shower, however only half the usual number of shooting stars will be seen during the peak.
Also, the Intel Shooting Star drones finished out the halftime performance by forming the Pepsi logo in the sky.
"People arrived well before time but when each shooting star went past, there was a lot of excitement."
When you see a shooting star, you're seeing a meteoroid clash with the Earth's atmosphere and burning up.
Roy Alexander, director of the Dark Sky Discovery Observatory at Battlesteads, gives handy tips ahead of a predicted shooting star show set to light up the skies on Sunday, December 13.