[INDECISION]: Westpac Banking Corporation has formed a White Spinning Top candlestick. This means, WBC has opened and closed within a small range with a upper and lower shadow that is longer than the body of the candle. This has similar traits to that of a doji candle highlighting the supply and demand indecision Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
This candlestick has a tiny white body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji and will act as a Doji when it appears.
[Calculation] White Spinning Top Candlestick:
1) The body of the candlestick is white and very small;
2) The upper and lower shadows are longer than the body;
|Company||Close||Close Change (%)||Volume||Value||Signal|
|MLX Metals X||0.67||4.7||1,243,653||1||BULLISH|
|TNG Tennant Creek Gold||0.12||4.5||309,104||1||BULLISH|
|API Australian Pharmaceutical||1.65||2.5||2,988,817||1||BULLISH|
|PHI Phileo Australia||12.55||2.5||779||1||BULLISH|
|MAQ Macquarie Telecom||20.9||2.4||5,181||1||BULLISH|