Candlestick patterns are used by market participants to know trend reversal. One of such reversal patterns is the morning star candlestick pattern. Traders closely watch for the formation of a morning star before taking any position.Morning star is a three candlesticks major bottom reversal pattern printed in a downtrend market.The first candle has a long bearish body. … [Read more...] about Morning Star Candlestick Pattern Explained
Evening Star Candlestick Pattern Explained
Candlestick patterns are used by technical analysts to predict future price reversals to the up or down side. One of such candlestick patterns which signal the end of an uptrend is “Evening Star Candlestick Pattern”.Evening star candlestick pattern is a type of reversal signal that usually appears at the top of an uptrend. Traders consider it as a reliable bearish signal as … [Read more...] about Evening Star Candlestick Pattern Explained
Bad Vs Good debts – How it can impact your financial goals
Should I invest money or pay off my debts first?How should I determine my financial goals?How can I get out of bad debts for good?These types of questions are common when a person is trying to begin his investment journey. In this article, you will know the difference between good and bad debts and how you can manage bad debts to achieve your financial … [Read more...] about Bad Vs Good debts – How it can impact your financial goals
How to calculate Inventory to net working capital ratio
In our last article we have discussed about inventory turnover ratio to know how effectively the company is managing its stock of goods to make money. In this article we will show you how to compare inventory to net working capital.In current assets, inventory is considered as the least liquid asset even though company makes money by selling it to customers. To know how … [Read more...] about How to calculate Inventory to net working capital ratio
What is Operating cycle of a business
In a business, operating cycle is the length of time a company takes starting from the time when cash is invested in goods and services to the time that investment produces cash. This means in a business, it comprises three phases:Company uses cash to purchase raw materials, hire workers, incur expenses; with these inputs, it makes finished products and keep it … [Read more...] about What is Operating cycle of a business