That is the Chartists view
As a FA investor the best returns are made when the charts are still weak
FXJ at 31c MGX at 19c etc etc are some examples when I was buying we TA traders talked about weak charts. The compound loss of waiting is too great
example - let’s say I have 50k to allocate to TYR
at 2.60 o buy 19230 shares
at 3 I buy 16666
if the stock goes to 5 dollars I have 96150 in capital
ve 83330 if I waited for a TA trigger - 13k higher is approx a 33% difference in return on my 50k capital
this is why I much prefer to back my FA judgment especially if I am buying for the medium term
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
87.0¢ |
Change
-0.005(0.57%) |
Mkt cap ! $459.6M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.3¢ | 83.5¢ | $3.507M | 4.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21744 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 176583 | 1 |
View Market Depth
| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| TYR (ASX) Chart |