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
$1.39 |
Change
-0.020(1.42%) |
Mkt cap ! $1.423B |
Open | High | Low | Value | Volume |
$1.39 | $1.42 | $1.38 | $2.922M | 2.102M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 91206 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.39 | 49981 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 56125 | 1.380 |
1 | 3106 | 1.375 |
1 | 4006 | 1.370 |
1 | 4006 | 1.365 |
2 | 4256 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.390 | 14460 | 1 |
1.395 | 3106 | 1 |
1.400 | 23106 | 2 |
1.405 | 3106 | 1 |
1.410 | 5106 | 2 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.38 |
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Change
-0.020 ( 1.66 %) |
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Open | High | Low | Volume | ||
$1.39 | $1.41 | $1.38 | 1557242 | ||
Last updated 15.59pm 14/06/2024 ? |
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