I don't believe it's guesswork but I think errors occur, same as in FA. It's also about the experience of the technical analyst. For me where I fail is where there is a new pattern. If a pattern has already occurred on another stock then the share price pretty much copies and pastes.
Yes the channel is in play but I also agreed that there was a small rise. It's the current intersection where I disagree that the share price will continue to rise. I guess it's just a matter of watching the share price and seeing what happens.
ASN General Discussion, page-18714
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $216.0K | 2.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 83571 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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11.0¢ |
Change
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| Open | High | Low | Volume | ||
| 10.8¢ | 11.0¢ | 10.5¢ | 819698 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ASN (ASX) Chart |