There is no logic.
Try this comment,
"The only people who care about the price going down are traders, weak investors, and shorters"
So he is saying"strong investors" don't care about the price going down from 40 to 7... Really? Losing 80% of your capital and "strong" investors don't care!
We have now got chart gurus getting multiple thumbs up by posting that the 5 & 10 year charts are the only ones that matter.
We have also got posters who know nothing about charts saying they mean nothing, of course when you don't understand what the information contained in a chart means, you can't say anything else - that's just called ignorance.
When the fundamentals don't stack up the chart will reflect that no matter what news is announced.
The market is always right.
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There is no logic. Try this comment, "The only people who care...
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Last
7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $100.7M |
Open | High | Low | Value | Volume |
7.7¢ | 7.9¢ | 7.7¢ | $89.71K | 1.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 603665 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 391563 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 603665 | 0.078 |
4 | 174742 | 0.077 |
7 | 409754 | 0.076 |
6 | 617616 | 0.075 |
5 | 217513 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 391563 | 3 |
0.080 | 872434 | 7 |
0.081 | 926780 | 4 |
0.082 | 300000 | 1 |
0.083 | 350000 | 1 |
Last trade - 13.04pm 27/09/2024 (20 minute delay) ? |
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ASN (ASX) Chart |