As we said in 2011's "Technical Analysis: Beware the Gravestone Doji":
You sneer at 'Hindenburg Omens', you eat 'Death Crosses' for Breakfast.From Global Macro Monitor:
Alright* tough guy...MORE
It will be interesting to watch how UNH trades tomorrow after carving out a classic gravestone doji today. At today’s high the stock was up almost 20 percent from its February close. The books say today’s pattern sets up a short-term reversal. Stay tuned.
*I know"alright" isn't a word. It's just that "all right" looks weird.