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risk on

03/22/14 3:33 PM

#5387 RE: squashjohn #5386

No worries, DOJI is the #1 indicator of change, as it truly indicates indecision. A TRUE Doji is where opening and closing price are the exact same, with the intraday swings represented in the upper and bottom wick. DOJI are always in variance though , very rarely is a true " perfect Doji " seen. But it's the spirit of the candle that's important. The candle that follows a Doji usually tells the new direction a stock will move , aka " conformation" . But I am thinking we see that because of the previous chart patterns, and also the fact that of we " blend " the past few days trading , we get a Doji like formation. The KELTNER channels seem to be the price confinement zone, and right now, ONVO is at the bottom line. So.... Looks like a more probable UP at this point.

risk on

03/22/14 4:10 PM

#5388 RE: squashjohn #5386

Here's another clear pattern ONVO is in , and has already shown the pattern to produce a nice leg UP just a few months ago .