I am seriously impressed by recent advertisement of Kaun Banega Crorepati program. It says, “Setback ka jawab Comeback se do”. Please have a look if you haven’t seen it as yet. Beautiful lines, full marks to writers and makers of the show for this.
We can see those patterns in stocks also. Below are some examples of stocks where there was a strong setback to bulls (strong bearish anchor columns) but they bounced back (Equally strong bullish columns).