Here, I've dropped it to the hourly for you. H&S patterns do not need to be symmetrical.
Circled are Volume upticks on the move up. Expect a volume uptick on the way back down to retesting 12.5 cents.
Here's a quote below which explains what you'd look for as warning signs to confirm the H&S:
"volume during the advance of the left shoulder should be higher than during the advance of the head. Together, the decrease in volume and the new high of the head serve as a warning sign. The next warning sign comes when volume increases on the decline from the peak of the head, then decreases during the advance of the right shoulder. Final confirmation comes when volume further increases during the decline of the right shoulder."
- Forums
- ASX - By Stock
- BOT
- Bot Chart
Bot Chart, page-10103
-
- There are more pages in this discussion • 4,987 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOT (ASX) to my watchlist
(20min delay)
|
|||||
Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $672.4M |
Open | High | Low | Value | Volume |
37.5¢ | 38.0¢ | 36.5¢ | $993.3K | 2.673M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 278064 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 25974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 278064 | 0.365 |
15 | 279870 | 0.360 |
14 | 268270 | 0.355 |
32 | 1193052 | 0.350 |
7 | 196825 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 25974 | 2 |
0.375 | 377044 | 4 |
0.380 | 1079480 | 14 |
0.385 | 625916 | 9 |
0.390 | 152937 | 7 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
BOT (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online