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Doji Star




This bullish reversal pattern is considered moderately reliable.


It is formed by a long black candlestick day follwed by a Doji that gaps in the direction of the previous trend.


In a downtrend, the market gaps down. However, enough bulls enter to bring supply and demand into equilibrium and the stock hovers. The halt of the downtrend indicates the possibility of a reversal. Doji signifies indecision, so a  confirmation is needed with a strong third day.


Market Opinion






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