Hi @kyngdominion and @Linesman , would you be able to comment on below, I got it from Bell Direct automated chart recognition system. I received similar notes in the past on other shares I hold, and the predictions were fairly accurate. GLTAHDevEx Resources Ltd forms bullish "Hammer" chart pattern
May 02, 2022Trading Central has detected a "Hammer" chart pattern formed on DevEx Resources Ltd (DEV:ASX). This bullish signal indicates that the stock price may rise from the close of0.45.
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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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $53.00M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.0¢ | $37.38K | 307.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 161146 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 83334 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 161146 | 0.115 |
8 | 289180 | 0.110 |
2 | 59500 | 0.105 |
2 | 20000 | 0.100 |
1 | 100000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 83334 | 1 |
0.130 | 199999 | 1 |
0.140 | 57142 | 2 |
0.145 | 303221 | 3 |
0.150 | 15000 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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