EMR.AX (ASX)

EMR.AX ASX

Emerald Resources

SHORT

4.4800

Prev.Close

4.7700

Change

-0.2900

Change%

-6.08%

BEARISH MATCHING HIGH

Sold at

4.5400

Open

4.5800

High

4.6300

Low

4.4000

4.4800

Gain%

-1.32%

Signal History

Date	Price	Signal	Change%		AUD100⇨
28/10	4.5400	SHORT	-1.3%		135
05/09	4.0350	BUY	+12.5%	✔ 👍	120
03/09	3.9700	SELL	+1.6%	❌	121
07/08	3.5500	BUY	+11.8%	✔ 👍	108
30/07	3.5200	SHORT	+0.9%	❌	109
15/07	3.7400	BUY	-5.9%	❌	117
05/06	4.7700	SELL	-21.6%	✔	117
29/05	4.5900	BUY	+3.9%	✔	113
27/05	4.5400	SELL	+1.1%	❌	113
21/05	4.4600	BUY	+1.8%	✔	111
12/05	4.5400	SELL	-1.8%	✔	111
02/05	4.0600	BUY	+11.8%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SHORT. The BEARISH MATCHING HIGH pattern has finally received confirmation because the prices crossed below the confirmation level at 4.7650, and our valid average selling price now stands at 4.5400. The previous BUY signal was issued on 05/09/2025, 53 days ago, when the stock price was 4.0350. Since then, EMR.AX has risen by +12.52%.

Market Outlook

The bears have substantial evidence supporting their case, prompting us to consider placing a bearish bet. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Act on the signal and capitalize on the bearish sentiment before the opportunity fades. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop-loss.

Pattern Description

This pattern occurs when two consecutive white candlesticks appear in an uptrend, both having equal closing prices. It signals that a top has been reached, as the new high was tested but failed to hold, indicating a strong resistance level. more...

Date	Price	Signal	Change%		AUD100⇨
28/10	4.5400	SHORT	-1.3%		204
05/09	4.0350	BUY	+12.5%	✔ 👍	182
03/09	3.9700	SELL	+1.6%	❌	182
07/08	3.5500	BUY	+11.8%	✔ 👍	163
30/07	3.5200	SHORT	+0.9%	❌	166
15/07	3.7400	BUY	-5.9%	❌	177
05/06	4.7700	SELL	-21.6%	✔	177
29/05	4.5900	BUY	+3.9%	✔	171
27/05	4.5400	SELL	+1.1%	❌	171
21/05	4.4600	BUY	+1.8%	✔	168
12/05	4.5400	SELL	-1.8%	✔	169
02/05	4.0600	BUY	+11.8%	✔ 👍	151
28/04	3.9000	SELL	+4.1%	❌	151
15/04	4.1900	BUY	-6.9%	❌	163
09/04	3.7350	SHORT	+12.2%	❌	186
03/04	3.8500	BUY	-3.0%	❌	193
26/03	3.8300	SHORT	+0.5%	❌	195
13/03	4.0100	BUY	-4.5%	❌	205
11/03	3.9100	SHORT	+2.6%	❌	211
06/03	4.0100	BUY	-2.5%	❌	217
11/02	4.3700	SELL	-8.2%	✔	217
03/01	3.3400	BUY	+30.8%	✔ 👍	167
13/12	3.7500	SELL	-10.9%	✔	167
06/12	3.6400	BUY	+3.0%	✔	162
02/12	3.5800	SHORT	+1.7%	❌	166
21/11	3.6500	BUY	-1.9%	❌	170
14/11	3.6200	SHORT	+0.8%	❌	172
11/11	3.9000	BUY	-7.2%	❌	186
24/10	4.2600	SELL	-8.5%	✔	186
10/10	3.8300	BUY	+11.2%	✔ 👍	168
02/10	3.8100	SHORT	+0.5%	❌	169
12/09	3.8600	BUY	-1.3%	❌	172
23/08	4.0200	SHORT	-4.0%	✔	166
09/08	3.5500	BUY	+13.2%	✔ 👍	147
23/07	3.8850	SELL	-8.6%	✔	148
28/06	3.4800	BUY	+11.6%	✔ 👍	133
13/06	3.6300	SHORT	-4.1%	✔	128
03/06	3.7500	BUY	-3.2%	❌	133
29/05	3.7800	SELL	-0.8%	✔	133
13/05	3.5300	BUY	+7.1%	✔	124