HMX 0.00% 3.4¢ hammer metals limited

HMX charting, page-339

  1. 11,005 Posts.
    lightbulb Created with Sketch. 1758
    Thank you mate, just the chart that I wanted to present. Candlestick shows up the reversal well. The parrerral trend lines showed the position of the shares. In my opinion trending within a channel is good indication of a steady, stable type of progress showing the direction of the share price well.
    Notice how the share price bounce off the bottom of the channel, the candlesticks pattern at the bottom of the retrace, the candlestick mainly hammer or inverted version, or doji is text book stuff.
    MACD turning in alignment with the share price.
    The pattern has been repetitive and if it is true to form, I expect it to be trading to the top of the channel soon.
    Do you like the chart pattern makingmoneystill?
 
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