closed as another higher gap up green candle
opened +78c higher, woop
91c long tail, 44c green body and 40c neck
meaning the higher open reversed but then retraced to daily highs again burning shorts badly
the shorts kept it below 2500 with concerted 4 waves of short attacks above 2500
They are defending the 100DMA now at 2507 like they did on 14-16 May at 2720
the neck hit the 100DMA and kept bouncing off
its continued with its higher highs - higher lows pattern.
RSI now hit 59.34 up
MACDs now printed a +0.01 so went positive creating another inflection pivot on the MACD chart
the prior run of 5 saw it hit the 100dma at 2700 and bounce down
the MACDs are printing green 4 days in a row now
The 100DMA is the target now 2500 area
any trader buying at 2370 selling at 2530 gets the GREEN STAR award, not me though today, i get the tin star today, I expected it to run at 2550 but it couldnt get there
the shorts are in panic here, they cant keep it down until todays afternoon
Yet today was the golden chance for BULLS to burn through the 100DMA but they failed 4 times in a row now
I expect a tussle from here as we saw 14-16 May and today at the 100DMA
SHORTS will throw the kitchen sink to stop this crossing and holding it below like last time.
They do not want to see the 100DMA crossed.
So I expect up and down zigzags next 3 days.
SHORTS broke even looks like and those that ran it down 2450 to 2370 got profits if they covered there but their 3 attempts to short at 2500 failed so they lost there.
Still I like to see the SHORTS BURNING.
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closed as another higher gap up green candle opened +78c higher,...
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Last
$22.59 |
Change
-1.090(4.60%) |
Mkt cap ! $4.439B |
Open | High | Low | Value | Volume |
$23.21 | $23.21 | $21.96 | $91.81M | 4.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | $22.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.60 | 1749 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 22.530 |
3 | 5622 | 22.510 |
2 | 144 | 22.500 |
1 | 1000 | 22.480 |
1 | 227 | 22.450 |
Price($) | Vol. | No. |
---|---|---|
22.600 | 1749 | 2 |
22.620 | 7122 | 3 |
22.680 | 1122 | 1 |
22.700 | 1900 | 2 |
22.710 | 6532 | 1 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
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