closed today as an engulfed small green candle with +8c body, 40c neck 33c tail
with W type daily chart
meaning the higher open got smashed down and zigzagged all day hitting 2 lows.
the shorts and daytraders all lost today looks like, cant make anything much on that pattern.
lucky to catch any daily top or low
if you bought at the open and sold at close you lost -22c ps on your broker commission (30c - 8c)
not worth it.
yet the 3 day pattern is a bullish harami pattern but needs confirmation
market has ignored the malcolm appointment, the shipping info and the IOP rise.
many traders burnt inc me
market rationality is questionable here.
may keep zigzagging till some good news is released.
MIN Price at posting:
$24.56 Sentiment: None Disclosure: Not Held
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