Looking at the 3 month weekly chart, we may have a morning star chart patter forming, just need a reaaly good week next week ie. next weeks candle needs to be a long bullish candle which starts with a gap up from todays close, with close being in the top half of the first candle (last weeks candle).
Quote:
Morning Star Important Results
Column 1 0 Theoretical performance: Bullish reversalTested performance: Bullish reversal 78% of the time
Morning Star
Column 1 Column 2 0 Characteristic Discussion 1 Number of candle lines Three. 2 Price trend leading to the pattern Downward. 3 Configuration Look for a tall black candle in a downward price trend. Following that, a small bodied candle of any color appears, one whose body gaps below the prior body. The last day is a tall white candle that gaps above the body of the second candle and closes at least midway into the body of the first day.
Hope this adds a bit of interest in next week and a longer term outlook, worth having a look yourselves and doing your own interpretation and research.
cheers
- Forums
- Charts
- Charts: ERJ breaking out of its upward channel
Looking at the 3 month weekly chart, we may have a morning star...
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.71M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 134102539 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 86997077 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 134102539 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 86997077 | 49 |
0.003 | 27801202 | 22 |
0.004 | 37026342 | 19 |
0.005 | 20075637 | 6 |
0.006 | 33329999 | 5 |
Last trade - 19.00pm 29/03/2024 (20 minute delay) ? |
|
|||||
Last
0.1¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.2¢ | 0.2¢ | 0.1¢ | 750000 | ||
Last updated 10.29am 29/03/2024 ? |
Featured News
VPR (ASX) Chart |
Day chart unavailable
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online