That's entirely FA, SP is ranging within that big red candle from 9th March 1.445/160 and the o/h gap 1.60/1.655. Base 1.445 was support, turned resistance in that little basing series to 14th April, then turned support, while it holds likely direction is positive.
Spiked briefly Wed & today 1.66 but couldn't hold even on 5 min bars.
Reasonable volume retest of the base of that candle yesterday gave the confidence for another attempt to close the gap today but still too many taking profits to stick.
Likely to range here until sentiment strengthens to take it thru 1.66 on a closing basis.
Technical analysis, page-76
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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