
A "gravestone doji," as the name implies, is probably the most ominous candle of all. On that day, prices rallied, but could not stand the "altitude" they achieved. By the end of the day they came back and closed at the same level. Gravestone Doji's are the opposite of the Dragonfly Doji and are top reversal indicators when confirmed with bearish engulfings. As the name implies, gravestone doji's look like a gravestone, and could signal impending doom for a stock. Immediate resistance is $3.74 to $3.69 resistance band . If there is no bearish engulfing pattern tomorrow a breakout above the immediate resistance band will propel price to the next resistance band at $3.92 to $4.02 . Immediate support is $3.58 followed by the upper symmetrical triangle resistance turned support black downtrend line.
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