Surely the response from the uneducated herd is, "but that's not a real cow, is it!?"..
Below is a chart from 13D Global Research using TA as the basis of an entry recommendation into NCM before it went close to doubling its price in just over 6 months. They provide FA and TA synthesis research to institutions to plan multi million dollar positions and sophisticated investors - the latter costs US$13k per quarter.
Looks familiar.
The question that comes to mind: Why wouldn't I use TA when large research firms who depend upon accuracy of FA and TA to stay in a business use it, vs those who know nothing of TA? Laughable emotive nonsense from the witch burning brigade.
QPM Chart, page-4201
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $95.80M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.7¢ | $54.51K | 1.436M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1412895 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 1985621 | 9 |
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| Last trade - 15.52pm 18/10/2024 (20 minute delay) ? |
| QPM (ASX) Chart |