|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Eden Energy (EDE.AX)
Trading: BUY @ $0.044
Signal Strength: WEAK
Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.
Eden Energy (ASX:EDE) has formed a White Marubozu candlestick. This means, EDE has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
This candlestick represents extreme bullishness and is characterized by a long white body having no shadows on either end.
Calculation: White Marubozu Candlestick:
1) The body of the candlestick is white and long;
2) There are no upper or lower shadows;
PROFILE: Eden Energy (EDE.AX)
Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | ASX:EDE |
Eden Innovations Ltd. provides various clean technology solutions. The company offers EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel kit for diesel generator sets. It also provides Pyrolysis, a technology to produce carbon nanotube, and carbon nanofibre and hydrogen; Hythane, a blend of hydrogen and natural gas; and EdenPlast, a CNT enriched polymers and plastics. The company was formerly known as Eden Energy Ltd. and changed its name to Eden Innovations Ltd. in November 2016. Eden Innovations Ltd. was incorporated in 2004 and is based in Perth, Australia.
|EVO Evolve Education||0.15||16||1,038,660||1||BULLISH|
|TRS Reject Shop||2.25||12.5||526,853||1||BULLISH|
|CIA Champion Iron||2.68||7.6||1,358,332||1||BULLISH|
|VRT Virtus Health||4.46||6.4||439,347||1||BULLISH|
|SXY Senex Energy||0.35||6.2||1,109,697||1||BULLISH|
|BPT Beach Petroleum||2.62||5.2||10,153,116||1||BULLISH|
|PRT Prime Television||0.21||5.1||569,347||0||BULLISH|
|SXL Southern Cross Media||0.92||5.1||2,038,181||1||BULLISH|
|CLQ Clean Teq Holdings||0.22||4.9||400,508||0||BULLISH|