Yes the chartists are proving fairly accurate with this one- although I mostly believe a company is results driven and you can through most charts out the window. With a play like ARM with very few ANNs and a long time between drinks charts are more accurate.
Yet if they ANNed many over >40% Mg areas tomorrow, then throw the charts out the window. Same is worst than expected news.
Cash value matters- results matter- charts are a small guide of current sentiment IMO.
arm 20aug chart, page-15
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $14.54M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $20.73K | 938.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1819999 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 300000 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ANX (ASX) Chart |