Southern Cross Media
[BULLISH]: Southern Cross Media has formed a Long White candlestick. This means, SXL has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
This candlestick implies relatively strong buying pressure and shows that prices advanced during the day significantly from open to close and the buyers were aggressive.
[Calculation] Long White Candlestick:
1) The body of the candlestick is white and long.
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