Nah, while they get it right occasionally, so does throwing darts at a list of stocks. I look for accumulation in the left side of the chart and through the base and for the supply to be reducing as the right side develops. It's what Minervini's volatility contraction pattern(VCP) shows
AEI - chart thread, page-3
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Last
6.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 86649 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 5000 | 1 |
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| Last trade - 10.00am 15/05/2024 (20 minute delay) ? |
| AEI (ASX) Chart |
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