Hi HP - Please advise whose charts you're using 'cos it appears it includes trade data for ASX + Chi-X, as your chart, per your post here for MR1, appears to do so, on the basis that for many other DT'ers using Commsec charts know that, for some inexplicable reason for soooo long, they EXclude Chi-X data. Using your post's chart above it's MO MR1 will bounce back up early tomorrow morning, on the basis of 1) the bullish hammer you can see being generated @ ~3.36pm today 2) Such hammer showed up on my Commsec 1-day 3-minute chart at that time, and again a lower one @ 3.54pm, and 3) the last trade prior 4pm being 9.0, despite all the post-4pm auction trades being manipulated down to 8.8
Warning: The SP might suddenly drop on Open to Support @ 8.0c, before it bounces off that alternative level.
BTW I'm not holding this stock, but a keen follower of Candlestick chart patterns I was wisely taught to correctly interpret 20+ years ago.
