I have highlighted in red circles this pattern happened in the last 3 years on the weekly chart (you can extend to 5 years, there were few more appearances). Each candle represents one week trading (5 days). The EMAs that I use are 5 (25 days), 10 (50 days), 20 (100 days) 30 (150 days) and 40 (200 days). Also, the green circle is the current pattern. It is great to finish a green candle above all those moving averages this week to confirm this signal.
In early 2020, right after the March lows, there was a break away gap up to lift the EMA 5 to above 10>20>30>40. The share price went up 100% from there. I can't predict the future when this will happen but the previous share price history will provide some guidelines. It generally coincides with a great news, hopefully the upcoming quarterly report.@Tonkin
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Last
$1.47 |
Change
0.005(0.34%) |
Mkt cap ! $1.671B |
Open | High | Low | Value | Volume |
$1.44 | $1.47 | $1.44 | $4.298M | 2.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1048 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 56012 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20290 | 1.540 |
1 | 1 | 1.530 |
1 | 5156 | 1.480 |
2 | 10312 | 1.475 |
1 | 5156 | 1.470 |
Price($) | Vol. | No. |
---|---|---|
1.445 | 1623 | 1 |
1.450 | 245 | 1 |
1.475 | 12629 | 3 |
1.480 | 5 | 1 |
1.485 | 5156 | 1 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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