The Evening star is a bearish candle pattern. This one is an evening doji star. The performance of this star as a bearish reversal is not great in a bull market, but you can usually expect a really bad red candle for at least the next day, even in a bull market. Whether the downtrend continues is up to Mr. Market. This is not a common candlestick pattern. It iss not seen on a regular basis like Haramis and Engulfing candles.
The evening star is a 3 candle pattern and is preceded by a decent sized green candle body. It is followed by a decent size red candle and the evening star is above both of these candles.
DOCU is being rejected on each rally up as it pushes to go higher. The top is not a pretty site.
DOCU has been unable to surpass former highs and price seems to lose momentum after each attempt to go up.
Negative volume remains high for DOCU showing interest. Short interest is around 3.65% with 3.3 days to cover.
No recommendation.
The evening star is a 3 candle pattern and is preceded by a decent sized green candle body. It is followed by a decent size red candle and the evening star is above both of these candles.
DOCU is being rejected on each rally up as it pushes to go higher. The top is not a pretty site.
DOCU has been unable to surpass former highs and price seems to lose momentum after each attempt to go up.
Negative volume remains high for DOCU showing interest. Short interest is around 3.65% with 3.3 days to cover.
No recommendation.
ملاحظة
Targets are from a previous LONG on DOCU and I forgot to erase them. Who knows? Maybe DOCU will turn around again?Do not forget to take a look in the rearview mirror, up and down and all around. Greed is one of the 7 deadliest sins.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.