You can define anything in the stock market (you can't accurately predict ahead of time but you can define something that has already happened or is happening currently)
Everything else is an educated guess & we hope we are correct
You correct????
Yesterday is not an example
A few weeks ago you were calling bullish PNV while the bears were piling on the shorts & we were in a clear downtrend (that was what I define as profit taking & bears taking advantage)
& yesterday you said we were bearish when the bears lost their downtrend after they lost 2.33 with bulls punishing the late bears & we are technically still in an uptrend from the 2nd sept (2.22 low)
Yesterday I define as bears desperately trying to regain control of the chart after failing the downtrend (some prob hedging their bets about last night trading)
These are the slow bears that chase the market (prob the same as the slow bulls that buy after a green candle & get screwed each time)
We won't know the full trend until we start trading today
What we do know is when uptrends break, markets fall & when downtrends break, markets climb
You def sound like the guy from the other thread
Telling yourself you're correct when you obviously aren't
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Last
$2.59 |
Change
0.140(5.71%) |
Mkt cap ! $1.778B |
Open | High | Low | Value | Volume |
$2.50 | $2.61 | $2.48 | $4.062M | 1.582M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $2.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.39 | 34364 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 2.790 |
5 | 32169 | 2.710 |
1 | 8825 | 2.700 |
2 | 932 | 2.670 |
10 | 1844 | 2.660 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 34364 | 2 |
2.470 | 5529 | 2 |
2.510 | 21788 | 3 |
2.520 | 7343 | 5 |
2.530 | 630 | 1 |
Last trade - 15.59pm 17/09/2024 (20 minute delay) ? |
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PNV (ASX) Chart |