No worries, Happydayz. TA does seem like voodoo hocus pocus sometimes.
I definitely don't believe in fibonacci percentages or the alleged power of fib numbers and sequences.
But I do believe market movers will use the percentages and trade accordingly and HAT affects a stock's fate..so for that reason only I use them.
Stripped of all indicators, a chart can simply be a record of prices. That in itself makes it useful.
Anyway, today's candle is bullish. Bullish engulfing, it's called.
But the strong bounce off $35 was TA delight. :-)
No worries, Happydayz. TA does seem like voodoo hocus pocus...
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Last
$40.01 |
Change
0.800(2.04%) |
Mkt cap ! $202.9B | |||
| Open | High | Low | Value | Volume |
| $40.07 | $40.25 | $39.67 | $474.9M | 11.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15864 | $40.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.03 | 1196 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |