Technically speaking the candle today was rather bullish.It made...

  1. 2,353 Posts.
    lightbulb Created with Sketch. 9
    Technically speaking the candle today was rather bullish.

    It made a higher high, a higher low and a higher close.

    Following a tweezer top (usually bearish) it followed on to make a higher high on double the volume. VWAP was also higher.

    Neither the stochastics or RSI is showing a high level of being overbought, still with quite a bit of moving room.

    Encouraging to see the volume and sp pick up on the third day following the announcement. Considering it was also Friday which generally sees a sell off in the afternoon, the chart looks good.

    cheers
    Ange
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.