[BULLISH]: Huon Aquaculture has formed a new Shooting Star pattern.
This pattern consists of a white body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bullish Inverted Hammer pattern but unlike it the Shooting Star appears in an uptrend and signals a bearish reversal.
Calculation: Shooting Star Candlestick Pattern:
1) The market is characterized by a prevailing uptrend;
2) The first day of the pattern is a white candlestick;
3) On the second day a small body at the lower end of the trading range is observed. Colour of this body is not important;
4) The upper shadow of this second candlestick should be at least twice as long as the body;
5) There is (almost) no lower shadow;
PROFILE: Huon Aquaculture (HUO.AX)
Stock Exchange: ASX
Company: Huon Aquaculture
Ticker Codes: | HUO.AX | ASX:HUO |
Huon Aquaculture Group Limited, together with its subsidiaries, hatches, farms, processes, markets, and sells Atlantic salmon and ocean trout in Australia. It also exports its products internationally. The company was founded in 1986 and is headquartered in Dover, Australia. Huon Aquaculture Group Limited is a subsidiary of Surveyors Investments Pty Ltd.
|LYC Lynas Corporation||1.84||11.9||10,942,144||0||NEUTRAL|
|TZN Terramin Australia||0.09||9.8||14,570||0||NEUTRAL|
|NEC Nine Entertainment||1.49||7.2||17,312,234||0||NEUTRAL|
|BOC Bougainville Copper||0.15||7.1||5,000||0||NEUTRAL|
|IRD Iron Road||0.06||6.7||45,111||0||NEUTRAL|
|FDV Frontier Digital Ventures||0.51||6.3||308,940||0||NEUTRAL|