Was today's close a DOJI?

Discussion in 'Technical Analysis' started by paysense, Jun 27, 2008.

  1. Surdo

    Surdo


    You have 184 posts!
     
    #11     Jun 29, 2008
  2. I don't think Friday was a doji, but they generally are a indicator of a change in direction, some are more stronger than others.
     
    #12     Jun 29, 2008
  3. Looks like a doji to me, but I think dojis represent indecision; neither the bulls nor the bears had control. It could reverse or it could not.

    It's possible that a doji forming after certain other patters mean different things, but I haven't studied candlechart formations in a while.

    Investopedia says:

    Here you can learn about different types of dojis:

    http://www.streetauthority.com/terms/doji.asp

    This page talks about some doji formations and what they may or may not mean:

    http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks
     
    #13     Jun 30, 2008