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[1] Morning Star is a reversal candlestick pattern from a bearish to a bullish market. It is formed after a downtrend when the market has hit bottom and signifies the start of an uptrend.
[2] This pattern consists of 3 candlesticks. The first being a strong bearish whole body candle, followed by a very thin body candle (called star here) and then followed by a strong bullish candle. The important thing to note is the gap down between the first two candles.
[3] A gap down essentially means that the opening of the star is lower than the closing of the first. The star need not open below the lower wick of first candle but can exist between the closing price and the lowest price of the first candle.
Read 7 tweets
So... been thinking a lot about all the beautiful scripts out there that will never seen the light of day. The stillborn and the misbegotten. They'll never be filmed. They're just paper now. How would you like to read one?
Tell you what... I'm going to post my failed Syfy pilot Defender here, one page at a time, for the next 95 days. It's got starships and sword fights, space battles and ballroom dancing. And yes, some kissing.
NOTE: 1. I changed the title (& ship name) back to MORNINGSTAR. I only renamed it DEFENDER because of a network note & I like MORNINGSTAR better. 2. This script was work for hire & is (I think) property of UCP. But per WGA rules, I retain publishing rights. So there's that.
Read 38 tweets

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