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Strategies & Market Trends : Ask DrBob

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To: pharmd00 who wrote (5677)9/22/2000 5:19:51 PM
From: TraderMERL   of 100058
 
Hi pharm: re doji star and retest of lower BB
Doji star is a cross like profile on a candlestick chart
It occurs when the stock opens and closes at the same price. There are variations on doji star pls check litwick.com. Retest of lower BB simply means that the stock crosses the lower bollinger and then attempts to cross again but does not touch or cross it. This is a good sign. After this if it reaches the 20 SMA, there may be an uptrend
Pls check stockcharts.com education center for details
sorenkg
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