nicole: charts don't tell the future! they show you what has happened....
In the case of MAH the chart above shows that buyers came in and supported the price around 62c.....what happens next is unknown but it's safe to say that unless the dow crashes by a 1000 points, world war 3 breaks out or MAH declares bankruptcy over the weekend that it shouldn't go any lower in the short term.....
Now there is evidence of support you can make you mind up whether to hold, sell or add to your position...
forget your charts, page-32
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 (20min delay)
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.3¢ | $924.3K | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29997 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAH (ASX) Chart |