Gartner, Inc.
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The Shark Pattern

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A “shark pattern” in stock charts is a completely made-up formation where the price action looks like a dorsal fin cutting through calm market waters.
Traders say it signals “blood in the water” — which usually just means your stop-loss is about to get eaten.
Legend has it, if you spot a shark pattern and don’t sell, you’ll end up sleeping with the fishes — financially speaking.
Some traders claim it works best when accompanied by the “fish fry” candlestick, which also doesn’t exist.

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