Don't Ignore This Chart!

An evening doji star for Home Depot

Home Depot formed a rare evening doji star last week. Note the long white candlestick and surge above 36, the gravestone doji with the gap up and the long red candlestick last Monday. Also note the gaps on either side of the gravestone doji.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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