I investigated this VSA etc quite thoroughly trust me.
I also hold an BBus (Accnt, Man, MKT) and MBA in some quite interesting areas of business.
So I pressure tested it. Thats what I am trained to do. And I did so against classical knowledge thats worth a whole heap mort that some piece of software that will help you beat the market because all that information you are reading is really a sales manual for that.
Its not all that it seems mate.
I will not go into it further however I will just say that you will better understand the market for a share with traditional business economics, which I am fortunately trained in, rather than VSA.
VSA uses some economic speak however its "logic" is fundamentally flawed because you have to believe the market is rigged the way they describe and its not.
Happy to send through some s/d charts that will explain price movements for an asset that exists in an information driven market if you like..
All good. Take care.
LYC Price at posting:
89.0¢ Sentiment: LT Buy Disclosure: Held
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