Hong Yuan Holding Group (HGYN)

[12yearplan]

Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body.
http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=CERPQ

Market Outlook
The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY.