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Tuesday, 05/19/2015 1:59:58 PM

Tuesday, May 19, 2015 1:59:58 PM

Post# of 1249
$PTBI - Up Nicely today -

May 18, 2015 at 3:50 pm #5921 EDIT | CLOSE | UNSTICK | MERGE | TRASH | SPAM | REPLY | QUOTE
Ospreyeye
Ospreyeye

$PTBI Chart – BULLISH DOJI STAR reversal pattern confirmation today – $PTBI held the 200 DMA @ 7.66 on the pullback – the closing price on the 11th is Key level to close above tomorrow – Fast Sto bullish crossover – keep an EYE out for a volume spike –

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2106

Definition

This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called “Bullish Dragonfly Doji”, and in case of an Inverted Umbrella it is called “Bullish Gravestone Doji”. Here, all these patterns are subsumed, under the name: “Bullish Doji Star”, regardless of the shape of the Doji.



Another great call by My Chart Coach -



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