Lyric Jeans (LYJN)

[Nilbud]

Is that a Dragonfly Doji I see?

Definition of 'Dragonfly Doji'
A type of candlestick pattern that signals indecision among traders. The pattern is formed when the stock's opening and closing prices are equal and occur at the high of the day. The long lower shadow suggests that the forces of supply and demand are nearing a balance and that the direction of the trend may be nearing a major turning point.