Yesterday's candle indicated a bullish piercing pattern, which is a bullish reversal. Low volume though, and opposite sentiment to yesterday which indicates a high level of market uncertainty with participants looking for confirmation in the form of;
a) further signals &
b) breaking support & resistance lines
As previously stated this is all a very strong hallmark of a period of consolidation after which I'm personally expecting prices to trend higher.
Ann: FY18 Half Year Results Announcement Date, page-189
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