My take on todays close is we have a spinning top.
http://www.candlestickforum.com/PPF/Parameters/16_19_/candlestick.asp
Spinning Top
Spinning Tops are depicted with small bodies relative to the shadows. This demonstrates some indecision on the part of the bulls and the bears. They are considered neutral when trading in a sideways market. However, in a trending or oscillating market, a relatively good rule of thumb is that the next days trading will probably move in the direction of the opening price. The size of the shadow is not as important as the size of the body for forming a Spinning Top.
My take on todays close is we have a spinning...
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Last
8.3¢ |
Change
-0.005(5.68%) |
Mkt cap ! $264.5M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.6¢ | 8.2¢ | $666.8K | 7.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 873207 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 391446 | 2 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |