Charts simply reflect the past, they don't forecast the future.
The pattern in that chart could justify an upward or downward move so meaningless.
Positive events steer the chart up, negative events steer the chart down.
Simple as that.
Nice looking charts mind you.
chart, page-5
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Last
$11.82 |
Change
-0.050(0.42%) |
Mkt cap ! $3.535B | |||
| Open | High | Low | Value | Volume |
| $12.05 | $12.05 | $11.78 | $14.39M | 1.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11392 | $11.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 886 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |