Faux modesty not required Bucky - you're bright but somebody must have de-stuffed your teddy bear or something when you were little. I hope you stay with us on this one and make lots of money.
Technical analysis is always trumped by fundamentals. It's great for analysing the past but, in my opinion, its predictive ability is limited. Having said that, it can be very useful for timing - when to buy, when to sell etc.
I think (and I hope) that technical trading on this stock is going to get obliterated by improving fundamentals. Of course the tech guys will re-calibrate but I'm hoping that will have to happen at least several times.
I'm pleased and amazed to hear you talk of a breakout through resistance - I hope you survive this current optimism scare.
Your analysis sounds reasonable to me, but it's fundamentals that will make or break this company
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $195.9M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $500.5K | 2.717M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 209104 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 279863 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 209104 | 0.180 |
13 | 603440 | 0.175 |
9 | 1361477 | 0.170 |
4 | 345000 | 0.165 |
4 | 198371 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 279863 | 4 |
0.190 | 70126 | 3 |
0.200 | 195300 | 5 |
0.205 | 230000 | 3 |
0.210 | 968719 | 9 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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ALA (ASX) Chart |