How do black swans fit into Bollinger Bands?
Charting is (as far as I can tell) largely an attempt to describe investor - or rather, trader - psychology in the form of equations. For weather-affected businesses, forecastable events such as El Ninos and La Ninas can be introduced into the Chartists' graphs, but unforeseeable occurrences, such as varroa, f&m, supercell storm fronts, and heatwaves, cannot, by definition, be included in a chart which supposedly represents a rational (or rationalized) expectation of investment performance.
Hence, even with all other things (management, markets) being equal, a rosy forecast for SHV, or probably any stock in the agriculture sector, can at best be little more than a case of well informed wishful thinking.
SHV Chart, page-63
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SHV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.58 |
Change
-0.030(0.83%) |
Mkt cap ! $508.7M | |||
| Open | High | Low | Value | Volume |
| $3.61 | $3.61 | $3.55 | $278.1K | 77.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 4148 | $3.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 2497 | 14 |
View Market Depth
| Last trade - 15.54pm 04/11/2024 (20 minute delay) ? |
| SHV (ASX) Chart |