SOR 4.35% 4.8¢ strategic elements limited

The company finished with a double doji candlestick pattern...

  1. 1,817 Posts.
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    The company finished with a double doji candlestick pattern yesterday which shows a true arm wrestle between buyers and sellers. The arm wrestle is not likely to continue. This pattern usually resolves by a decisive move by one party either to the upside (or higher) of the highest doji wick or a break to the low side of the lowest wick. That the pattern comes generally in a downtrend pattern on a 3 month view means there is a good chance of the break staying at $0.27 or higher- but not guaranteed. So in short the pattern indicates a good likelihood of a close at or below $0.25 or at or above $0.27, or will make a liar out of me and finish again in between! A small possible range but interesting to watch if it occurs. Good luck if you are holding. Cheers
 
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Buyers (Bids)

No. Vol. Price($)
1 64408 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 126295 1
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Last trade - 15.45pm 17/07/2024 (20 minute delay) ?
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