Great chart candle today
Volume is depleting more every day now down to a reopen low of 1.8M (was 17M-9M-7M-4M)
The volume tells us the short/capitulation sellers have gone and only longs remain.
The buying is not raising the price but the selling is not collapsing it so an equilibrium has been achieved.
today a small red bar candle with 0.1c body & 0.1c tail no wick
the smallest candle since re-open
nearly a mini dragonfly doji
daily chart shows a zig zag flooring pattern at 5.2-5.3, very positive
no arvo selloff and onscreen match very light in number and volume, very positive.
Those who wanted to sell are gone and those who a bargain buying are doing so.
the CR should boost cash at bank and allay fears of illiquidity
revenues increasing to $30M from $24M very positive, global sales and a factory to boot way better than BIT has.
This candle is supportive of a bullish rebound case when looked at in conjunction with the last few days bullish candles since the 4.8 low. A few more dragonfly dojis or small dojis/near dojis and this confirms a defined flooring pattern.
looks a good punt imho.
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Great chart candle today Volume is depleting more every day now...
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Last
$15.44 |
Change
0.350(2.32%) |
Mkt cap ! $328.0M |
Open | High | Low | Value | Volume |
$15.57 | $15.84 | $15.30 | $195.7K | 12.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 506 | $15.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.65 | 529 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 506 | 15.240 |
2 | 62 | 15.230 |
1 | 60 | 15.220 |
1 | 250 | 15.150 |
2 | 273 | 15.090 |
Price($) | Vol. | No. |
---|---|---|
15.650 | 529 | 5 |
15.660 | 1652 | 1 |
15.720 | 2 | 2 |
15.740 | 34 | 1 |
15.820 | 111 | 1 |
Last trade - 13.24pm 21/08/2024 (20 minute delay) ? |
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