When that data was collected on PDN- now 15 years ago (showing my age) there were no bots/algorythmic trading etc.One of the things that bots do id distort daily charts- you often see a few trades go through so the closing price is at a low.This distorts many technical indicators.It helps to use weekly charts but then we see big efforts on a Friday to get a low weekly close.
Its all classic accumulatory behaviour and the huge "churnover" is not indicative of real trades.
...could write a book on it but won't.It's psychological game play.
AEE chart thread, page-196
-
- There are more pages in this discussion • 153 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 AEE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
-0.015(8.82%) |
Mkt cap ! $128.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $128.1K | 808.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 250434 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AEE (ASX) Chart |