A three line pattern with the first candle moving bearishly in the direction of the predominant trend.
The stock gaps down in the second session and the real body trades in a very tight range at the bottom of the trend with no overlapping of wicks from the prior session.
The final candle gaps up and trades well into the real body of the first candle, ideally on increased volume as the bulls begin to push the stock up.
This pattern is very similar to a Morning Star; however the difference is the magnitude of the gaps between the first and second session and the second and third session. The “Abandoned Baby” depicts the separation of the second candle from the first and third candles and in fact appears to be “Abandoned”.
This is an extremely powerful and infrequent formation that rarely fails to produce results.
September 4th, 2010 | 
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