A quick follow up to that previous chart.
That sign of weakness which appeared at #(a), followed immediately the next day with a near perfect bearish engulfing candle, showed conviction. The only reason it was not a textbook candle pattern, was the close had to be below the open of bar#(a) which was its low. As mentioned that action showed conviction and today showed it as well with an increase in both spread/volume, closing low. Will now be of interest to follow to see if it reacts in that previous climatic action zone.
dyor
ta charts, page-23
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $12.59K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 487271 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 200000 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADO (ASX) Chart |