[BULLISH]: Tribune Resources has formed a White Opening Marubozu candlestick. This means, TBR has received strong buying confidence and upward price movement over the trading day with only a small upper shadow 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 it is characterized with a long white body that has an upper shadow but no lower shadow.
Calculation: White Opening Marubozu Candlestick:
1) The body of the candlestick is white and long;
2) There is no lower shadow;
PROFILE: Tribune Resources (TBR.AX)
Stock Exchange: ASX
Company: Tribune Resources
Ticker Codes: | TBR.AX | ASX:TBR |
Tribune Resources Limited, together with its subsidiaries, explores for, develops, and produces mineral properties in Australia. It explores for gold and silver deposits. The company focuses on the East Kundana and West Kundana joint venture tenements. Tribune Resources Limited is based in South Perth, Australia.
|EMH European Metals Holdings||0.4||12.9||50,755||1||BULLISH|
|SLR Silver Lake Resources||0.57||9.6||4,014,673||1||BULLISH|
|KDR Kidman Resources||1.17||8.3||6,199,530||1||BULLISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||1||BULLISH|
|PME Pro Medicus||11.68||6.7||140,709||1||BULLISH|