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DragonFly Doji?, page-4

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pko65197

1,288 Posts.

54

10/01/17

07:15

Post #: 21781976
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Originally posted by goldbear77 ↑

badhan

investing.com agrees with you about a dragon fly doji

for others who are as ignorant on this as i am, that website says a dragonfly doji:

"During a downtrend, there is a massive sell off after the candle starts. However, the candle closes at or near its high and at the same level as the open.
This signifies a weakening of the previous bearish sentiment.
The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is.
White real body is more bullish than black body."

judging by this it reads to me like it should be a 'more significant pattern'.

but i have no clue on this exotic pattern stuff beyond 3 white soldiers and hammers.

its on a daily pattern - so thats positive in that its a more lasting reversal trend if its real

Expand

this pattern will continue until certainty prevails ie at least EOY reporting. Preferably Noveda's conclusion.

BUD Price at posting: 6.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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