Doji: When a stocks open and close are virtually equal. They show a indecision between buyers and sellers.
A doji after a downtrend is a potential reversal higher.
X on 2/11/16 met the above criteria for a Bullish Reversal Doji as shown on the daily chart below. Notice how X also pulled back to Parabolic SAR support, further adding to the bullish conviction if X traded over the doji high.
The 5 minute chart below shows the long trade triggering with the open over the doji high. Waiting for the pullback to the $6.98 previous day high increases the risk to reward ratio. X traded to an intraday high of $7.55, and hit $8.75 two days later. Bullish Doji's make great swing trades and day trades when they occur with an oversold condition.
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Here are the Bullish Doji stocks on 3-23-2017 for trading on 3-24-2017
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