CU6 clarity pharmaceuticals ltd

End of another week and month. Weekly had a nice recovery but...

  1. 16,037 Posts.
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    End of another week and month. Weekly had a nice recovery but still has a bit of work to do to become bullish again IMO but it's a good start.

    https://hotcopper.com.au/data/attachments/6644/6644497-a5caeda930591b06b575927c513cf653.jpg

    Strange candle today but you have still had 5 days of higher lows and a 20% increase from the lows on Monday. It couldn't make it over the median unfortunately which would have lit up a few radars but that's ok.

    https://hotcopper.com.au/data/attachments/6644/6644517-7fe2ac9f70655cc1235462c7c7cba2b8.jpg

    And just to demonstrate how to use the 30min /1 hour charts, never once did the SP print a candle tagging the pink 20ema. The 30 min would have tested a few but never was there a candle body under the yellow 8ema. And of course it finished the day off nicely.
    https://hotcopper.com.au/data/attachments/6644/6644525-158e87af05da4537ca4369b564ddd3d0.jpg

    Having said all that, I needed to close my trade today taking the closing auction.
    Transparency.
    https://hotcopper.com.au/data/attachments/6644/6644535-d9540ed600b45d37168e56c1c4c4dfe9.jpg

    Lets see how it goes Monday but from a TA perspective you'd have to like it.

    Cheers
 
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