Mr Pickle
Absolutely, there are countless ways a chart can be interpreted just as there are fundamental ways.
Not only that our own bias can reflect what we see that's why @seagull flips the odd chart upside down.
The chart below shows the volume has been falling away which means lack of interest/patience or in other words holders competing with each other to sell.
The lower chart is what technicians call On Balance Volume (OBV) please Google it but in a nutshell if a close is greater than the open a positive volume will be added to the plot and a close lower than the open a negative figure is subtracted.
So the lower chart is showing more selling pressure than buying even if it is to the accumulators who may be bullish.
I hope that makes sense.
You are not being shot down at all.
IMO DYOR
- Forums
- ASX - By Stock
- AGY
- 2018 Charting
2018 Charting, page-2232
-
- There are more pages in this discussion • 492 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.96M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.0¢ | $143.8K | 3.515M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 558162 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 1539864 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5740 | 0.042 |
3 | 558163 | 0.041 |
4 | 343692 | 0.040 |
10 | 1349566 | 0.039 |
7 | 1175821 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1304 | 2 |
0.041 | 4437 | 1 |
0.042 | 2539864 | 7 |
0.043 | 2054255 | 5 |
0.044 | 525000 | 4 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online