WKT 0.00% 11.5¢ walkabout resources ltd

Yeah. I mean don't get me wrong.. I believe in charting as a...

  1. 165 Posts.
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    Yeah. I mean don't get me wrong.. I believe in charting as a tool for analysis however i believe with relatively poor datasets such as low volume stocks like ours, it can't be relied upon. I mean seriously.. With stocks like these, one seller could have offloaded all that was dumped this afternoon however charting would ignore this and say it was the working of the greater market.

    If you want to chart, stick with high volume markets such as crypto or blue chips.. Not small spec stocks with relatively low volume. It's the fundamentals and the perceived attitudes which is driving this beast.
 
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