TVN 2.61% 5.9¢ tivan limited

Ann: R&D Refund, page-31

  1. 3,186 Posts.
    lightbulb Created with Sketch. 972
    I agree that in most instances, yes the SP will drive the charts. This is especially true for large MC stocks where large swings in SP are rare and the SP itself is difficult to overly influence. However there may be instances where it is the reverse and the charts will influence the SP. A good example being stop losses which are set around so called support levels. As i suggested in my earlier post, if there are multiple orders set at $0.14 - $0.145 and most are set to 'market' rather than a set minimal amount, you may get a run. In this instance the fundamentals are of no concern. You will have rationality return and the SP hopefully recover, but for short periods of time or at critical support / resistance levels the charts will facilitate decisions made.

    Of course these are only my opinions so others may object.
    Last edited by CYMON: 07/10/14
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
(20min delay)
Last
5.9¢
Change
0.002(2.61%)
Mkt cap ! $101.6M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $22.27K 380.2K

Buyers (Bids)

No. Vol. Price($)
2 114864 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 60110 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
TVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.