SHE 0.00% 0.9¢ stonehorse energy limited

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  1. 3,413 Posts.
    SHE closed with a Gravestone Doji candle this afternoon.

    This is a time to exercise caution as it is a reasonable indicator that the trend is about to reverse after reaching exhaustion.

    At this point in time IMO, this is confirmed to a degree by the RSI reaching the overbought level @ 70 & the SP's failure to close above the established resistance @ the 0.16 level. It's had 4 attempts over the past 4 trading days!

    Of course tomorrow will be confirmation day so all will no doubt be revealed in due course.

    All IMO of course ;)

    WC8



 
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SHE (ASX) Chart
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