what if SP retrace back to 70c and hold up there and start moving up to 80c, the next day management reports another big customer loss and SP open 20c…how this chart works pan out then?
On the contrary, tomorrow APX report 500 million revenue deal signed with NVDA and SP opens $3. Charts are over rated may works on currency pairs or low beta defensive stocks.
stock market is designed to transact money between poor to rich and retail can’t beat rich with money, the only way retail can win this game by playing with patience. Unless retail is prepared to spend time in the market, there is less likely you can win it.
APX with similar revenue stream was trading at $30 and now at $1.5…there is no rational to justify the fundaments & Mac bank played a very dirty game with this stock over the last 3 years of course if Mac bank has any shame!!
APX Charts, page-1405
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Last
$1.93 |
Change
0.040(2.12%) |
Mkt cap ! $478.0M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.93 | $1.85 | $3.075M | 1.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11221 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 54193 | 6 |
View Market Depth
| Last trade - 10.44am 05/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |