Doji

A doji is a candlestick pattern (a visual representation of a stock's price movement over time) where the opening and closing prices are nearly identical, creating a cross or plus-sign shape. You'll see dojis on price charts, and traders watch for them because they signal indecision—neither buyers nor sellers won the day. This uncertainty can sometimes precede a significant price move, making dojis useful for spotting potential turning points. For example, if TechCorp stock opened at $50 and closed at $50.10 after swinging between $48 and $52, that would form a doji. While dojis are interesting to watch, they work best when combined with other analysis rather than used alone.