hisah wrote:@metaspoilt - Have you been keenly checking the bid splits since last Thursday?
Spot the dragon-fly candle pattern on yesterdays chart
When dragonfly patterns start appearing on uptrends a reversal is not very far... From the chart projection 25.50 is the likely top.
Congrats to those that have taken profit.
Goodluck to those that are still waiting for more profits.
Bids splits have been huge..upward trend stopped at 25
I expect good sales at 19.50-21.50 for the late exiters this week and then reversal as T 4 clears with a falling price.We should have a clear bearish confirmation candle stick pattern tomorrow.
Today Closing price =22.75 (-2.15% from Previous day VWAP,-11% from Days High and Opening Price and + 4 % from Days Low) closing bid volume =9000 at 22.50 volume traded=3.3M
Closing bid volume has been > 2M since listing with a closing price of > 9% of previous day VWAP.
At a VWAP of 23.25 allowable low at 9%=20.9 Fact that closing price didnt close at a low of 20.9 implies this week will offer late exiters escape at 19.50-21.50
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“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”