Hi sally2412
Re; "Laptop: I am not familiar with wave theory but I gather with resistance at 27 that after today we might see a pullback to perhaps 23.30 and then up again?" - please note that I am a chatting dog - 'lapdog' in fact!
I niether claim to be an expert on Elliott Waves nor to be a blind subscriber to them. However, given my background in Maths [upon which the theory is also based] I admit to thinking they are at the least interesting, usually helpful & occasionally stunningly accurate. At times they can also provide highly misleading projections - for example, that a company SP will go well below $0.00!
If interested the URLs below provide some insights.
http://www.investopedia.com/articles/technical/111401.asp
http://www.acrotec.com/ewt.htm
http://www.market-harmonics.com/elliott_wave1.htm
http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory
The site below is for Elliott Wave International - it is very long term bearish for the DOW & global economy - based on the works of Bob Prechter.
http://www.elliottwave.com/
Cheers,
4YIO - NFA
- Forums
- ASX - By Stock
- chart interpretation after today.
Hi sally2412Re; "Laptop: I am not familiar with wave theory but...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$38.91 |
Change
0.270(0.70%) |
Mkt cap ! $197.4B |
Open | High | Low | Value | Volume |
$39.01 | $39.19 | $38.80 | $329.2M | 8.452M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4719 | $38.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.95 | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4719 | 38.900 |
1 | 1000 | 38.880 |
6 | 18221 | 38.870 |
6 | 6873 | 38.860 |
6 | 2624 | 38.850 |
Price($) | Vol. | No. |
---|---|---|
38.950 | 3000 | 1 |
38.980 | 6030 | 2 |
39.000 | 1549 | 6 |
39.010 | 4539 | 1 |
39.040 | 9629 | 1 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |