Not out of the question.
But that's what analysis is for and how to gauge buying opportunities without getting caught out at the top. I already have a decent holding, so I'm fine either way if it continues breaking out upwards. But I'll always identify key price areas where we're likely to see again once the excitement dies down, which gives an opportunity to add to my position.
Not at all. It's all about edge, and if you have that edge you can get into positions without getting burnt (or on the contrary, cut losses short). Fundamentals play an important part, obviously, but to me the chart speaks just as loud and at times cuts through the bs and can expose true market sentiment with price action and volume. And to others it does nothing.
I've been previously burnt by not acting on my charting analysis which was screaming to get out of my position, but incorrectly decided to stick with what the company was telling the market and fundamentals, to my own detriment - so fully realise it's hard staying completely unbiased.
It's not for everyone. So take it or leave it, absolutely fine.
GLTA.
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Not out of the question.But that's what analysis is for and how...
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Last
47.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.5M |
Open | High | Low | Value | Volume |
47.5¢ | 49.5¢ | 47.5¢ | $1.119M | 2.301M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 81338 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 9956 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20525 | 0.475 |
3 | 8017 | 0.470 |
2 | 113157 | 0.465 |
5 | 132000 | 0.460 |
2 | 242500 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 9956 | 1 |
0.495 | 880 | 1 |
0.500 | 64661 | 4 |
0.505 | 27061 | 4 |
0.510 | 38974 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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