Disagree timmo
and it's not just the price going up and down, its the volume associated with it.
not everythting is going to work for everyone, you seem quite intelligent mate but you dont seem to have an open mind.
VSA very simply is,
Price increase, volume decrease = weakness
Price decrease, volume decrease = strength
Prince increase, volume increase = strength
Price decrease, volume increase = weakness
Now the above is very laymens terms and there is a whole lot more to that including spread of the bar. but the simple fact that the price increases isnt a sign of strength. Other wise everytime the price went up it would keep going up.
wee ree tol week3, page-47
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Last
$6.02 |
Change
-0.030(0.50%) |
Mkt cap ! $5.627B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.08 | $5.88 | $43.41M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6279 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 31762 | 5 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |