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	Abandoned Baby
	Belt Hold
	Breakaway
	Concealing Baby Swallow
	Doji Star
	Dragonfly Doji
	Engulfing
	Gravestone Doji
	Hammer
	Harami
	Harami Cross
	Homing Pigeon
	Inverted Hammer
	Kicking
	Ladder Bottom
	Mat Hold
	Matching Low
	Meeting Lines
	Morning Doji Star
	Morning Star
	Piercing Line
	Rising Three Methods
	Separating Lines
	Side by Side White Lines
	Stick Sandwich
	Three Inside Up
	Three Line Strike
	Three Outside Up
	Three Stars In the South
	Three While Soldiers
	Tri Star
	Unique Three River Bottom
	Upside Gap Three Methods
	Upside Tasuki Gap

Morning Doji Star

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Technical Analysis From A to Z
by Steven B. Achelis

Pattern: reversal
Reliability: high

Identification
A long black day is followed by a Doji that gaps in the direction of the trend. The third day is a white day which closes in the top half of the black day.

The Psychology
In a downtrend or during a pullback within an uptrend, the market gaps down but does not continue its downward movement. Instead enough bulls step up to bring supply and demand back into equilibrium and the stock churns in place. This is the bullish Doji Star formation. A subsequent follow through gap up that closes above the midpoint of the black day completes the Morning Doji Star and confirms the reversal.

The bullish Morning Doji Star is similar to the bullish Abandon Baby and bullish Morning Star.

AMH rallied nicely on solid volume before trending sideways and establishing support at around 27. Then a bullish Morning Doji Star formed, volume picked up, and the stock continued to move up. Although Morning Doji Star formations are considered reversal patterns, their reliability increases significantly if you play them at support.