PRU Basic Candle: Long Black

[BEARISH]: Perseus Mining has formed a Long Black candlestick. This means, PRU has traded with strong selling 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.

Open/close reversal: Sellers have lost commitment during the trading day for NHC

[BEARISH WEAK]: New Hope opened in the upper part of daily range at 83.3% & 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 1 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 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 6.3%.

Millennium Minerals: Range Performance (5.6)

[BEARISH]: Millennium Minerals sellers are increasingly eager. There has been 4 consecutive days of range increase for MOY adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.0510 & the greatest daily price range this year has been $0.1760. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.

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

[BEARISH STRONG]: Orocobre opened in the upper part of daily range at 88.2% & closed in the lower part of the trading range at 17.6%. This suggests the sellers were in control all day. 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 lower 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 upper range & the closing the price in the lower price range giving a confirmation ratio of 12.5%.

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