When using averages and their crossovers as buy/sell signals it's best to take into account whether the share is trending or trading and allow for the lag if trending, TCL was in a trading mode till about the 8/9 and the averages are very much delayed to the point of being useless as buy/sell indicators prior to this.. in a trading mode it's best to watch an indicator such as the Stochastic for possible buy/sell signals --- combined with the candle pattern and oversold stochastic indicator on the 12/9 TCL is certainly in an upward movement.
Just my thoughts.
Sell signal, page-4
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Last
$13.06 |
Change
-0.030(0.23%) |
Mkt cap ! $40.53B | |||
| Open | High | Low | Value | Volume |
| $13.07 | $13.11 | $13.01 | $40.21M | 3.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27119 | $13.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.07 | 76236 | 3 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| TCL (ASX) Chart |