Thursday, March 07, 2013 8:42:38 AM
$NSAV - Morning BOS man! Gravestone doji formed yesterday, bullish indicator...should get on some screens today and gain some nice vol IMO this thing is ready to rock!
Not the cleanest of setups, but something to keep an eye on.
Type: Reversal
Relevance: Bullish
Prior Trend: Bearish
Reliability: Medium
Confirmation: Suggested
Recognition Criteria:
1. Market is characterized by downtrend.
2. We see a black body formed at the lower end of the trading range.
3. We then see a Doji, which does not have a lower shadow in the second day.
4. No gap down is required.
Not the cleanest of setups, but something to keep an eye on.
Type: Reversal
Relevance: Bullish
Prior Trend: Bearish
Reliability: Medium
Confirmation: Suggested
Recognition Criteria:
1. Market is characterized by downtrend.
2. We see a black body formed at the lower end of the trading range.
3. We then see a Doji, which does not have a lower shadow in the second day.
4. No gap down is required.
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