TA (real TA, not just squiggly lines on a chart) needs activity to determine the psychology. One of his picks, 1AG for example, spends most of its time not trading at all. And it's biggest trading day is only a touch over 100k. The stock could be the safest stock of its type, I just wouldn't know as there's not enough information for me to work.
"But to get to your point the vast majority of chartists on HC think they're traders when basically they're just gamblers" absolutely
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Last
3,271.5 |
Change
-23.000(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,294.5 | 3,294.5 | 3,263.2 |
| XSO (ASX) Chart |