Actually Cabbies charts, complete with Elliott wave labels have been spot on. The TA charts measure sentiment, Cabbies charts indicated a top in negative sentiment, just like Lady Trader alluded to, which of course come closer to bottoms than tops. And yes, stock prices absolutely "listen" to sentiment, so maybe its not the charts that are being idiotic.
Chart, page-564
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Last
28.0¢ |
Change
0.015(5.66%) |
Mkt cap ! $331.8M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.5¢ | 26.5¢ | $185.8K | 668.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 99884 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 128933 | 16 |
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| Last trade - 11.47am 20/08/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |