"Bearish three inside down" candlestick

I'm new to technical analysis with candlesticks and I'm trying to learn with real examples of stocks that I'm monitoring.

Does a "Bearish three inside down" mean that a reversal is going to happen?

I'm looking at KONG.

Thanks,

Frank

 

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Frankly Frank ;
NO.
KONG in lined up more or less with general market ,SPY,ES ;
good reversal point =5oday moving average area , that was last MAY,2006
[1year candle chart.]

Wisdom is profitable to direct;
as William O Neil teaches,75% of stocks follow general market


William O Neil books =excellant.

 

Frankly Frank;
probably could find a reversal pattern if you wanted to enough,
3 monthly candles down would be a reversal in most books

And most of KONG trends are down, but short or long;
watch for short covering @$6.00,[ and or 5.00 ,a fibo number.....]

Interesting , they changed thier name;maybe to rhyme with Hong Kong

And If ES or SPY,YM,DIA got that low ,[ probably not] , but round numbers principle can be same. Not a prediction.

 

Murray T Turtle,

Thanks very much, I appreciate the reply.

Frank