“ Here is a tip for you, charts are THE most important factor for an entire branch of investing. “
DoubleDown has once again provided a recommendation to look at the chart patterns in detail , I totally agree .
Below is a perfect example of a company , not unlike Norwood . As you can clearly see , the share price meandered for an extended period during development , however once the company started progressing forward with positive news flow and results , it is clear that the share price multiplied many times .
As Norwood is currently providing positive news flow and a real possibility that the next project could see the company becoming cash flow positive , like DoubleDown I also agree that some knowledge in charting is beneficial to enhance greater returns .
All in my opinion ……
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $20.90M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.4¢ | $3.453K | 77.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 71223 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 372500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71223 | 0.044 |
2 | 100000 | 0.043 |
1 | 13888 | 0.042 |
1 | 100000 | 0.041 |
1 | 300000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 372500 | 2 |
0.052 | 59000 | 1 |
0.059 | 95632 | 2 |
0.060 | 190315 | 2 |
0.067 | 50000 | 1 |
Last trade - 10.13am 26/07/2024 (20 minute delay) ? |
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NOR (ASX) Chart |