yea I like chart patterns and the kiss approach
the ducks are finally in a row
this business is a art not rocket science
hey ya win some ya loose some
The meaning behind the fallen wedge fits oil to a T
Like most distributionpatterns, the Falling Wedge is mostly about deception. There is every reason to believe that the stock is merely consolidating before making a new leg lower but a massive rally ensues. Falling wedge patterns always begin when a darling stock has fallen from favor. The initial weakness may be due to an earnings warning, a product delay, lawsuit or any number of negative developments but the impact of this news is always sufficient to lead most stock holders to panic. The result is what technical traders call a watershed decline -- a near vertical drop in huge volume.
I say time to let it RUN buy low sell much higher
I am going to add to a trading parcel next week ?
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $23.08K | 143.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49548 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 73836 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
OIL (ASX) Chart |