Charts can have predictive value, because patterns do exist in the data, and patterns are just that - something that wants to be repeated.
The thing is that fundamentals are infinitely more important then these technical indicators, so when there is any news that may have a bearing on fundamentals of the company, charts go right out the window.
Charts do indicate the major resistance in the mid 7s which still seem hard to definitively break through.
Chart Update, page-24969
-
- There are more pages in this discussion • 293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.77 |
Change
-0.130(2.20%) |
Mkt cap ! $4.171B | |||
| Open | High | Low | Value | Volume |
| $5.87 | $5.91 | $5.77 | $8.457M | 1.452M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12297 | $5.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.82 | 7000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |