Technical Insider

SPH = 8.4 ( 0.0% ) SPH formed a black candle with higher low and decreased volume. SPH seems to be having a hard time moving above the resistance at 8.4. But the formation of higher low might be an indication that this resistance might be broken in the near future. Good luck to all SPH traders!

SPH = 8 ( -2.4% ) SPH formed a black candle with lower low and decreased volume. SPH seems to have met resistance at 8.4 SPH seems to have formed a bearish engulfing pattern, will be confirmed if SPH forms a candle with a lower low and lower high. I hope it does not confirm a bullish engulfing. Good luck to all SPH traders!

SPH = 8.1 SPH formed a white candle with higher high and higher low with significant volume but relatively smaller with respect to previous trading day. SPH to still be in a rally or uptrend. Good luck to all SPH traders!

SPH = 7.2 ( 2.7% ) SPH formed a black candle with a long lower shadow and lower low and lower high. SPH seems to be forming a reversal candlestick pattern: a hammer. It might be confirmed if SPH manages to form higher lows and higher highs in the following trading days... Good luck to all SPH traders...

SPH = 7.7 ( -2.5% ) SPH formed white candle but continues to form lower highs and lower lows... BASTICH! Good luck to all SPH traders...