MEL has just formed the most technically perfect bullish continuation pennant I have seen in many years. The chart is text book stuff and the current price is the mid-point of the uptrend to around .65 if the upward breakout starts in the next few days. Look at the following examples and then look at the MEL chart.
http://dailyforexjournal.com/post/pennant-pattern.html
http://www.incrediblecharts.com/technical/flags_and_pennants.php
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MEL has just formed the most technically perfect bullish...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.342M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $465 | 155K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 23924936 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6127064 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 23924936 | 0.003 |
5 | 18825499 | 0.002 |
7 | 54300000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6127064 | 5 |
0.005 | 7571797 | 8 |
0.006 | 1250000 | 1 |
0.007 | 667557 | 3 |
0.009 | 80000 | 1 |
Last trade - 10.04am 07/08/2024 (20 minute delay) ? |
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MEL (ASX) Chart |