Looks like a double bearish signal for PHES today. Yesterday it was a Shooting Star candlestick and today we have an Engulfing Pattern. Price movement still within the consolidation area between 23.6% (resistance) and 38.2% (support) but price may go near the support soon.
Bearish Engulfing Pattern is a large red real body, which engulfs a green real body in an uptrend (it need not engulf the shadows). The Bearish Engulfing Pattern is an important top reversal signal.