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Bullish Morning Star

Daily Charts:   8 found in last 10 days.   Updated Fri May 16 18:16:28 2008 CST . Click here to see them.

Weekly Charts:   23 found in last 10 weeks. Click here to see them.

Bullish Morning Star

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. 1st day is a long black day.
  2. 2nd day gaps below the 1st day's close.
  3. 3rd day is a long white day.

Psychology...

The 2nd day gaps lower, but trades in a small range. The bullishness of this indecision is confirmed by the higher close of the 3rd day. Look for higher prices.





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