Hi @kyngdominion and @Linesman , would you be able to comment on below, I got it from Bell Direct automated chart recognition system. I received similar notes in the past on other shares I hold, and the predictions were fairly accurate. GLTAHDevEx Resources Ltd forms bullish "Hammer" chart pattern
May 02, 2022Trading Central has detected a "Hammer" chart pattern formed on DevEx Resources Ltd (DEV:ASX). This bullish signal indicates that the stock price may rise from the close of0.45.
Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session.
The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.
Chart, page-1671
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $61.83M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 13.5¢ | $74.90K | 524.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1462 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 42000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| DEV (ASX) Chart |