I do like candlesticks, and I agree the dragon flys are pointing towards support at 12.5 cents
The bottom of the solid white candle of feb 9 sits on the 12 cent line, as long as it doesnt close below that, I would consider the current trend as "just resting" possibly awaiting more news?.
So holding 12.5 is a positive. Check out the weeky this Friday, you may end up with a dragon fly on the weekly, even better.
All in MHO of course
Oscar
2 dragon fly candles in a row, page-12
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $350.5M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $1.445M | 13.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 918733 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 6247028 | 46 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |