No worries...no one is actually abandoning a baby to the bears here. Not if they behave themselves.
This is a "candlestick pattern" that is made when the prices are tracked and signals to analysts and investors that the current rising stocks might be about to start going downward.
There are a few terms here, so we'll explain them in steps. A "candlestick" is a type of chart that shows the low, high, open and close price of a share for a specific period (in this case, a day). The signals are referred to as white candlestick (a line on the chart), red candlestick (a line on the chart), and a doji (a dash). A white candlestick is usually white or green on a trading chart, and means the security had a higher close price than open. The red candlestick closed with a lower price than it opened with, and is usually black or red on a chart. The doji is shown as a dash on the chart, and means the opening and close price was the same. It's a white candlestick, followed by a doji with a higher open/close price than the day before closed at, and then a red candlestick with a lower open than the doji had.
When investors see that particular pattern of "candlesticks" and "doji," they know there might be a stock drop pending and a profit to be made by quickly selling. Where the abandoned baby term comes in...we're not sure. We're guessing the person who started the nickname had a weird sense of humor. Which, uh...we would know nothing about.
Related or Semi-related Video
Finance: What is a Bearer Bond, or Beare...20 Views
Finance a la shmoop... what is a bearer bond or bearer stock alright you know
that saying possession is nine-tenths of the law
right well that's how bearer bonds and stocks work if you have the paper [Man presenting a bond]
representing the bond or stock aka the bond or stock certificate itself in your
hot little hands or wallet well then you own the bond or stock whether you stole
it or bought it or you know 3D printed it...In bearer bonds and
stocks there's no record or tracing of who bought or owned the bond or stock
sort of the opposite of how Bitcoin works and because of this non tracing [Money in a laundry machine]
and the ease with which money could be laundered for our kindly loving
terrorist friends bearer bonds and stocks are not very common today because
investors simply don't like the idea that their precious assets can be stolen [Thief running from police with money]
and then used to you know match plaid with stripes to counter this anonymity
most securities are in fact registered meaning that ownership is filed
officially with a brokerage or an issuer ie the company itself so that money can [A tracker appears]
be tracked and well taxed all over the world and note that one way bearer bonds
or stocks are dealt with in the fashion realm is to you know simply get rid of
the E don't look....[Man walking on a catwalk with no clothes]
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