Heh, no nerve hit, you're just talking about something retrospectively. Sure, it was a risk gone bad, but you're just talking about it after the fact. If you want to come to the PYM forum and make some forward-looking comments, please do so! If you turn up and say "Haha! I just turned up and want to tell you that you lost money!" you'll just be a jerk. If you turn up today and make predictions about what will happen over the next six months, and you turn out to be correct, I'll congratulate you whether or not things went in my favour.
If you want an analysis of the chart, open up a browser window, log into your online broker, click on AEB, click on chart, choose candlestick, choose either 6, 12 or 18 months, draw a straight line through it (best fit, just by eye will be fine with something this simple), a crayon is fine but use a ruler. Next, grab the nearest primary school child (or a toddler will do if it is slightly above average), show them the screen, explain the timeline and ask them to tell you where that line will go into the future (if using a toddler you may need to point to the screen just to the right of the chart so they know what you mean). They will indicate that the line can be extended in the same direction and the price will be on that extended part of the line, or if they're slightly talented they'll say it will 'probably be somewhere near the extended part of the line'.
Sure, if it was some teacup head and shoulders Bolinger band sneaky bunny sucker rally analysis I'd agree that it either needs some serious charting skill to analyse or is arguably meaningless or is meaningless for a company like AEB, but asking for someone to analyse a linear graph is silly.
AEB Price at posting:
21.0¢ Sentiment: Sell Disclosure: Not Held
