Somewhat off topic, I'd like to offer a question on technical analysis.
I'm in no way an expert, but for a company like ASM, with a tiny "mass" of trade (volume x dollars), isn't technical analysis a lot less useful than for large cap stocks?? Please correct me if I'm wrong.
Is it possible that people might be inappropriately induced to buy or sell based on indicators that are well understood by those who might be able to manipulate shares of the stock?
JT
ASM Chart Thread, page-5386
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Last
57.5¢ |
Change
-0.045(7.26%) |
Mkt cap ! $104.2M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 56.5¢ | $98.81K | 168.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2946 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 38593 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |