Hi freshteshThat is the preference yes.
Doji is a single candle or bar showing that indecision as explained earlier.They can form in up trends, down or consol areas as the mkt decides but when seen, preferably a couple at least, in an up or downtrend then can be worth watching as a pause for which way the mkt decides to continue.
So therefore if the handle is a short downtrend then u want doji in there to trust the mkt is now deciding to continue down or reverse and confirms via the trend line breaks I mentioned.
Hope that makes sense?
Possible target price of $15-20, page-2913
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Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 231123 | 22 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |