On this chart the candlesticks show the trading range of INR, with each candlestick representing a 2hr period.
See the current 9 day trend, at the right side of the black ‘V’ shaped recovery in the 2hrly low price. Our low price is following the baseline of the V.
The same can be observed for daily and weekly periods of course.
In fact the V-shape actually forms part of a greater Duamond shape.
According to the overall shaping, a breakout may occur by 6th Oct, but will occur by 13 October.
That’s if you’re following the diamond’s ceiling and floor.
Call the rest voodoo, but that V-shape recovery in our lows is about all I can see right now.
That recurrence is a positive thing.
INR chart thread, page-560
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $678.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 29.0¢ | $8.756M | 29.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 560460 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 753066 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| INR (ASX) Chart |