FBM 4.76% 2.0¢ future battery minerals limited

AOU Charts, page-25

  1. 2,098 Posts.
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    To add to your chart Pamplon, take a look at this Heikin Ashi view of the price action since mid October.

    Heiken Ashi can be useful to remove a lot of the 'noise' around the chart when their are wild price swings.... it sort of takes a weighted approach to the price based on the volume that's gone through.

    Compare this with the second chart below and you can see how it gives an easier read in this situation.

    It wants to be around 19c... it's tested highs up to 26.5c and now lows to 16.5c.

    (the yellow line is the 5 day MA which tells an interesting story all by itself).

    https://hotcopper.com.au/data/attachments/2666/2666176-8676d30749d5f8b5b1e747abd342f248.jpg

    The exact same chart using regular candles...

    https://hotcopper.com.au/data/attachments/2666/2666195-ab14734e2909bc41ee3281743046c1f3.jpg




 
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