READING TIME: 1 MINUTE
THURSDAY, 18 APRIL 2024 | 06h30
THESE TABLE SHOW WHERE BUYERS/SELLERS HAVE BEEN THE MOST DOMINANT.
Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e. from the start of the first hour of the trading day to the end of the last hour of the trading day'. This is used to determine the strength/weakness of the candle formation i.e. the greater (+) the percentage, the stronger the candle formation and the weaker (-) the percentage, the weaker the candle formation and (3) the share's short term technical rating i.e. which phase the share is in over a 7 day period.
END OF DAY
Top 15 (Strongest)
![](https://static.wixstatic.com/media/63fd96_d3d6805083c044feafd70862c7a5de96~mv2.png/v1/fill/w_980,h_405,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/63fd96_d3d6805083c044feafd70862c7a5de96~mv2.png)
Bottom 15 (Weakest)
![](https://static.wixstatic.com/media/63fd96_4cb6d00c0ba7419db1e2bcc40c9798bd~mv2.png/v1/fill/w_980,h_405,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/63fd96_4cb6d00c0ba7419db1e2bcc40c9798bd~mv2.png)
Related Post: https://www.unum.capital/post/tactical-trading-guide
Lester Davids
Analyst: Unum Capital
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