another small green candle today with small tail and neck opened flat
2 in a row
SHORTS peeved here,cant get lower prices, may have to cover soon.
Still 29 to 19 is a whopping $10 profit for shorts.
the corner may have been turned.
Ledge has formed at 18 - 18.50 with a double bottom formed
Double or triple bottom signals a reversal especially with these candles
wait for confirmation
August the usual DCB fake bounce happens then lows in Sept/Oct crash
may be a trading range here 18-22/24 perhaps for some brave traders.
BEAR TRAP may be forming here for shorts.
when at 27-29 I was calling sell & a drop to 20-22 I was laughed at, now its even lower at 18,50
Who is laughing now buddy?!
Trading rule 1
buy low sell high
lows appearing now with green TA signals. wait for confirmation of reversal & uptrend imho.
FMG Technical Analysis, page-11445
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 (20min delay)
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Last
$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10105 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 17942 | 8 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |