I don't believe it's guesswork but I think errors occur, same as in FA. It's also about the experience of the technical analyst. For me where I fail is where there is a new pattern. If a pattern has already occurred on another stock then the share price pretty much copies and pastes.
Yes the channel is in play but I also agreed that there was a small rise. It's the current intersection where I disagree that the share price will continue to rise. I guess it's just a matter of watching the share price and seeing what happens.
I don't believe it's guesswork but I think errors occur, same as...
Add ASN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $167.7M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $58.84K | 459.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 410157 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 258349 | 5 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.5¢ |
Change
0.005 ( 1.65 %) |
||||
| Open | High | Low | Volume | ||
| 12.8¢ | 13.0¢ | 12.5¢ | 415819 | ||
| Last updated 15.50pm 13/05/2024 ? | |||||
| ASN (ASX) Chart |