MAY 6.67% 3.2¢ melbana energy limited

Watch for a reversal upwards from tomorrow. My 6-Month Daily...

  1. 1,728 Posts.
    lightbulb Created with Sketch. 240
    Watch for a reversal upwards from tomorrow. My 6-Month Daily Candles chart indicates to me that a Bullish Harami pattern developed today.https://hotcopper.com.au/data/attachments/4447/4447236-2a4923d833e1b6ecbd3b31c83a74f859.jpg

    The following is part of the text on a website that depicts the pattern above :
    A Bullish Harami Cross Pattern is a doji preceded by a long black real body. The Bullish Harami Cross Pattern is a major bullish reversal pattern. It is more significant than a regular Bullish Harami Pattern.
    Recognition Criteria:
    1. Market is characterized by downtrend.
    2. Then we see a long black candlestick.
    3. This long black candlestick is followed by a doji completely engulfed by the real body of the first day.
    The shadows of the doji (or candle top & bottom wicks that show the high/low of the day) may not be necessarily contained within the first black body, though it’s preferable if they are.


 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.002(6.67%)
Mkt cap ! $107.8M
Open High Low Value Volume
3.1¢ 3.3¢ 3.0¢ $90.72K 2.927M

Buyers (Bids)

No. Vol. Price($)
7 1456582 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 1279469 5
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.