Updated chart including the Bullish Hammer CS I wanted to see ...
The Bullish Hammer appears in a downtrend and it sells off sharply following the market open. After the decline ceases, the market almost returns to the high of the day. Apparently the market fails to continue on the selling side. This observation reduces the previous bearish sentiment causing short traders to feel increasingly uneasy with their bearish positions. If the body of the Hammer is white, then the situation looks even better for the bulls.
New TA/Charting, page-8362
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Last
96.5¢ |
Change
0.050(5.46%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.0¢ | 92.0¢ | $15.00M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 148095 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 275693 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |