3 hammer candlesticks lined up, go long
- I see strong support at $2.55 to $2.80
"Hammer is an extremely helpful candlestick pattern to help traders visually see where support and demand is located."
"Market began the day testing to find where demand would enter the market and will find support at the low of the day"
"... prices were able to close the day higher than the open, a very bullish sign."
"The long lower shadow of the hammer implies that the market tested to find where support and demand was located. When the market found the area of support, the lows of the day, bulls began to push prices higher, near the opening price. Thus, the bearish advance downward was reject by the bulls."
Chart, page-1008
-
- There are more pages in this discussion • 1,851 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.00 |
Change
0.000(0.00%) |
Mkt cap ! $171.0M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.06 | $2.00 | $59.88K | 29.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 4830 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| EMV (ASX) Chart |