Reckon

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Reckon opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment.

Reckon opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment.

[BEARISH WEAK]: Reckon opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 2 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 22.2%.

Reckon: 0.618 Fibonacci Retraction (0.57)

Reckon: The current Fibonacci Retraction levels are: (23.61%) $0.85: (38.2%) $0.62: (50%) $0.6: (61.8%) $0.57The current support levels are: (78.6%) $0.54: (100%) $0.5: (138.2%) $0.42: (161.8%) $0.37: (261.8%) $0.17: (423.61%) $-0.15

RKN Basic Candle: Short Black

[BEARISH]: Reckon has formed a Short Black candlestick. This means, RKN has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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