ACL.AX AUSTRALIAN
Australian Clinical Labs
BUY
Close
2.8450
Prev.Close
2.8100
Change
+0.0350
Change%
+1.25%
BULLISH HARAMI
Bought at
2.8270
Open
2.8100
High
2.8600
Low
2.7500
Close
2.8450
Gain%
+0.64%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 2.7900, and our valid average buying price stands now at 2.8270. The previous SELL signal was issued on 18/09/2023, 7 days ago, when the stock price was 2.9300. Since then ACL.AX has fallen by -3.52%.
We may be at a market bottom or at the start of a reaction rally. Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...
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