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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Open | High | Low | Value | Volume |
$1.07 | $1.07 | $1.01 | $13.19M | 12.81M |
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No. | Vol. | Price($) |
---|---|---|
3 | 61090 | $1.02 |
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Price($) | Vol. | No. |
---|---|---|
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3 | 61090 | 1.015 |
1 | 700 | 1.010 |
9 | 123952 | 1.005 |
34 | 516697 | 1.000 |
1 | 25000 | 0.995 |
Price($) | Vol. | No. |
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1.030 | 17500 | 1 |
1.035 | 54000 | 2 |
1.040 | 41250 | 2 |
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