Eden Energy

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Buyers are becoming increasingly eager for Eden Energy & the price range is expanding

Buyers are becoming increasingly eager for Eden Energy & the price range is expanding

[BULLISH]: Eden Energy buyers are increasingly eager. There has been 2 consecutive days of range increase for EDE adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.0220 & the greatest daily price range this year has been $0.0500. The price range ratio this week versus the quarterly price range is 1x & the price range ratio this month versus the year to date price range is 0.4x.

EDE: Over the last 12 months there has been 2 trading days giving a confirmation ratio of 0.8%.

EDE: Over the last 12 months there has been 2 trading days giving a confirmation ratio of 0.8%.

[BULLISH STRONG]: Eden Energy opened in the lower part of daily range at 4.8% & closed in the upper part of the trading range at 90.5%. This suggests the buyers were in control all day. Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 12.5%.

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