Aurelia Metals Ltd forms bullish "Hammer" chart pattern
Jul 09, 2019
Source: Trading Ideas.
Recognia has detected a "Hammer" chart pattern formed on Aurelia Metals Ltd (AMI:ASX). This bullish signal indicates that the stock price may rise from the close of 0.45.
Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session. The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.
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Broker Comment, page-70
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.0¢ | 16.5¢ | $387.2K | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 610175 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 59168 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AMI (ASX) Chart |