Humans are fantastic at pattern discovery, so much so we find patterns in everything and convince ourselves they have a meaning.This is called pattern bias and I believe that's what you're suffering from here, you think just because a similar pattern played out before that means its more likely to again simply because the lines on your chart look similar. No, this is simply random historical price action and you can not use it to predict the share price of tomorrow.
Humans are fantastic at pattern discovery, so much so we find...
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Last
$6.88 |
Change
0.060(0.88%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.93 | $6.83 | $8.512M | 1.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1471 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 770 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |