https://asx.swingtradebot.com/equities/VRX:ASX
VRX closed up 2.94 percent on Friday, November 19, 2021, on 42 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Arrowsmith Central, page-106
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