The last Buy-If signal was not confirmed, maybe this time...
EMPIRE ENERGY GROUP ORD
ASX
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 04.20.2012 (27) days ago, when the price was 0.2950. Since then EEG.AX has fallen -40.68% .
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern.
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
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stage is set for the biggest run of 2012, page-315
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Last
22.0¢ |
Change
0.015(7.32%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 20.5¢ | $147.1K | 684.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160591 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 73479 | 3 |
View Market Depth
| Last trade - 15.02pm 15/07/2025 (20 minute delay) ? |
| BTL (ASX) Chart |