Don't Use Hourly or 2-Hour Charts For Stock Trading. Use 65 And 130-minute Charts Instead.10/24/2020
 Traders often toggle between various time frames when analyzing a stock. Common time frames for traders are the weekly, daily, 4 hour, 2 hour, hourly, 30, 15, 5, and 1 minute charts. Swing traders often use the 60 minutes or higher, and day traders typically use 30 minutes or less. While 2 hour and hourly (60 minute) charts can be good for futures or forex trading, it does not make too much sense to use these for stocks. We'll explain why in this article.
 There are many trading strategies that people come up with that it can become quite overwhelming to know which one actually works best. Here's one that we know is good.
 What is an engulfing candlestick? There are two types: the bullish engulfing, and the bearish engulfing candle. A bullish engulfing candle can indicate a change in momentum to the upside. The opposite is true for a bearish engulfing candle. The pattern is made up of 2 candlesticks, where the most recent candle's body fully engulfs the body of the previous candle.
 In stock trading, a "short squeeze" is when a stock goes up significantly in a short period of time due to short sellers covering their short positions. When traders take a short position, they have a negative share position. To close their position entirely, they need to buy back shares in the amount that they are negative. If this happens all at once with many short sellers, it will create lots of buying which is known as a short squeeze.
 When it comes to the stock market, there are generally two types of participants: Investors and speculators.
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