Aussiebulls - Technical analysis of EGO.AX with candlesticks
EMPIRE OIL & GAS
Last Signal: STAY LONG
Last Pattern: BEARISH HARAMI CROSS
Last Close:
0.4500
Change:
+0.0300
Percent change
+7.14%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 01/07/2016, 17 days ago, when the stock price was 0.3825. Since then EGO.AX has risen by +17.65%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security. more...