A couple more shillings from a former 'pure chartist' on the TA/FA debate ...
It's REAL simple ... fundamental analysis will tell you whether a stock is worth having (or not), and technical analysis will tell you when to buy and sell it.
And I'll add liquidity to that relationship. In my own trading, I look for at least 100 buyers with a 2/1 buyer/seller ratio. That's not a set of hard & fast numbers, but it provides a useful framework to have alongside. On balance, the ratio works!
Right now (0930AEST28SEP22) on DRE: FA ... tick; TA ... tick; B/S ... 316/122 ... tick!
DRE? Things look pretty good right now. A fair bet!
By the way, there was NOTHING on the WA1 chart to indicate the rocketing share price two days ago would happen.
DRE Chart, page-1374
-
- There are more pages in this discussion • 2,111 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 DRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
0.001(2.33%) |
Mkt cap ! $77.28M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $83.86K | 3.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4584079 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 184253 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |