Ann: Supplementary Statement to Joint Statement of Cooperation, page-9

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Lureman

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17/12/21

11:36

Post #: 58362434
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Originally posted by tinhat: ↑

Mate. look at the chart I posted. It's called a time series because the X axis plots time (from left to right). The Y axis plots the share price for each day over that period. Notice that on the left of the chart the price starts low and has generally moved up substantially over the last roughly fifteen months. Anyone who can't make money from a gift of a stock like ASM should consider having someone else manage their money.

You can see I've shown some moving averages on that chart (one pair of faster and one pair of slower moving averages) that represent dynamic zones of potential support (short time frame and longer time frame) assuming long term uptrend remains intact. I suggest for those that do not frequently use charts to plot a 200 day simple moving average (there are approximately 200 trading days in the year). You will find that the share price will tend to revert to the 200 day moving average, even for stocks that are in sustained uptrend. Prices tend to revert to the mean.

I've noticed this video (below) has been posted a few times on HC in recent days. Listen to the section on how institutional investors trade using algorithms at 42m 24s. You may not like algorithm trading and may like to see it gone but right now it is happening. You have to ask yourself, are the investor's bots currently accumulating or distributing or are there players doing both?

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Thanks

I have a chart too.
It says:
X axis : get ASM for free.
Y axis : sell ASM for 20 bucks plus per share.

ASM Price at posting: $10.80 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 63.0¢		Change 0.000(0.00%)		Mkt cap ! $114.1M

Open	High	Low	Value	Volume
62.0¢	64.5¢	56.0¢	$441.5K	740.9K

Buyers (Bids)

No.	Vol.	Price($)
1	1258	62.0¢

Sellers (Offers)

Price($)	Vol.	No.
63.0¢	26163	1

View Market Depth

No.	Vol.	Price($)
2	8733	0.630
2	5167	0.600
1	7256	0.595
1	9590	0.590
3	11500	0.580

Price($)	Vol.	No.
0.600	500	1
0.630	26163	1
0.640	1322	1
0.645	7591	1
0.650	6484	2

Last trade - 16.10pm 31/07/2024 (20 minute delay)

ASM (ASX) Chart

Ann: Supplementary Statement to Joint Statement of Cooperation, page-9

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Ann: Supplementary Statement to Joint Statement of Cooperation, page-9

Top Stories

Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

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Featured News

Buyers (Bids)

Sellers (Offers)

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