NWH 0.77% $3.95 nrw holdings limited

[ATTACH] Hi everyone . This is a correction to my impoverished...

  1. 5,305 Posts.
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    upload_2018-11-21_15-43-40.jpeg
    Hi everyone . This is a correction to my impoverished technical analysis from yesterday .... as you can see the 6 million trades were not actually attached to a candle at all . Just that little line up there at $1.95.
    For others who know not, those lines are special little markers and very important, despite being nearly invisible.
    They are called ‘ dojis’ and occur when open and close prices are identical or near identical .

    https://investinganswers.com/financial-dictionary/technical-analysis/doji-candlestick-853
    A doji represents a supply/demand equilibrium -- a tug-of-war where neither the bulls nor bears are winning. In the case of an uptrend, the bulls have by definition won previous battles because prices have recently moved higher. Now, the outcome of the latest skirmish is in doubt. Meanwhile, after a long downtrend, the opposite is true. The bears have been victorious in previous battles, forcing prices down. In this case, the bulls have found courage to buy and the tide may be ready to turn.”

    View attachment 1368833
    As you can see in today’s Candlestick chart we got ( I think) another doji ...this time a long legged one.
    And whilst, intraday, we tapped the underside of the “$1.96 lid “ to the trading channel the chart mage has repeatedly shown us in his TA , and which the price has been (mostly) respecting, that was it.

    - really I just wanted to apologise for an hilarity of TA misreadings which sadly are not intended to be so but felt I should say something else as well.

    Including, seeing as I am here
    Shorts yesterday :
    upload_2018-11-21_15-56-16.jpeg
    That was slightly more than the 915,466 trades I collected as S3XT’s .
    Cheers
    Last edited by sabine: 21/11/18
 
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Last
$3.95
Change
0.030(0.77%)
Mkt cap ! $1.574B
Open High Low Value Volume
$3.97 $3.98 $3.92 $2.104M 533.0K

Buyers (Bids)

No. Vol. Price($)
5 14160 $3.93
 

Sellers (Offers)

Price($) Vol. No.
$3.95 10387 3
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NWH (ASX) Chart
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