Monthly chart can help to see the longer trend, also shorter term charts helps you to see what is starting to happen now, are we still going up every day, every hour or there is more downward pressure now? Trend appears first from the shorter term charts. yep, sometimes it can just show you noice.
by the way, if you notice it is starting to show larger wicks on monthly chart means it is getting weaker as the days goes.
Before looking at any chart I suggest you to look simple thing:
Today's highest price was 83c and closed at 76c means 9.21% down from the high! Does it tries to scream at you with something? Is this the best opportunity in ASX to go long now? I will let you think on your own.
INR chart, page-111
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 (20min delay)
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $327.2M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.8¢ | $223.5K | 1.599M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1815263 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 59586 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| INR (ASX) Chart |