Exactly, imo graphs are just an attempt to justify a gambling addiction through labelling the methodology used as "analysis." Also a useful excuse for those who lack the necessary financial, analytical and mathematical skills to properly analyse/value a company. In reality, past price performance indicates nothing about the future, and you may as well spin the wheel than waste your time trying to read a chart (ie tea leaves).
The only way to invest in a company is through the fundamentals (which makes sense as we are investing in a company, not a share price). Imo, the fundamentals have improved significantly here. The company has grown from past mistakes made and is clearly on track to finally deliver strong returns to investors
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$1.18 |
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Open | High | Low | Value | Volume |
$1.18 | $1.20 | $1.14 | $10.44M | 8.934M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 45750 | $1.17 |
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Price($) | Vol. | No. |
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$1.18 | 1476 | 1 |
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3 | 45750 | 1.170 |
2 | 2945 | 1.165 |
2 | 90000 | 1.160 |
3 | 21260 | 1.155 |
1 | 6086 | 1.150 |
Price($) | Vol. | No. |
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1.175 | 1476 | 1 |
1.180 | 4003 | 1 |
1.185 | 202720 | 3 |
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1.195 | 25000 | 1 |
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