A Kangaroo Tail is a candle with a very long tail at one end, sticking either up or down out of a pattern. This feature acts as a reversal signal, where the price action leaps in the opposite direction of the tail.
In an uptrend with a long-tailed candle sticking straight up is likely to signal the reversal of the trend into a downtrend in the short term. Same goes for a tail sticking down after a downtrend - likely to signal an impending upswing. A kangaroo tail is rare on a weekly chart.
BOL has a tail sticking down, signaling a possible uptrend.
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A Kangaroo Tail is a candle with a very long tail at one end,...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $61.31M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 14.0¢ | $8.339K | 57.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12920 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 348262 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12920 | 0.145 |
6 | 853862 | 0.140 |
3 | 79452 | 0.135 |
3 | 211000 | 0.125 |
2 | 8340 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 348262 | 5 |
0.155 | 191148 | 4 |
0.160 | 237509 | 8 |
0.170 | 68548 | 3 |
0.175 | 66280 | 4 |
Last trade - 15.12pm 01/08/2024 (20 minute delay) ? |
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BOL (ASX) Chart |