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Nikita (SEBI RA)

23rd Oct · SEBI-Registered Analyst

Tweezer Bottom – Bullish Reversal from Support 💪

📊 The Tweezer Bottom is the mirror image of the Tweezer Top — a bullish reversal from a strong support level. ✅ Formation (2 candles): 1️⃣ First → Red candle with a long lower shadow. 2️⃣ Second → Green candle opening near previous low and closing higher. 3️⃣ Both candles have nearly equal lows (that’s the “tweezer”). ✅ Meaning: Support tested twice → bears failed → potential bounce. 📌 Example: Stock drops ₹530 → ₹500, then next candle opens ₹502 and closes ₹520 → Tweezer Bottom → bullish reversal confirmed. 🧠 Tip: Add confirmation with RSI oversold (<30) or bullish divergence.

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