"And I suggested that TA has LESS meaning because when you chart with low-volume stocks, you're not really getting the full picture and are simply implying that any price movement, up or down, is due to the workings of Mr.Market"
On the contrary!!
If you were following strict TA it took you out of wkt in the high 30s low40s and told you to stay away until approx 22cents.
Contrary to your "low volume" inference, there has been plenty of volume in wkt to be able to trade technically and follow the trend.
TA is more crucial with stocks like wkt and you are getting the full picture!
"And I suggested that TA has LESS meaning because when you chart...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $4.33K | 43.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 427817 | 4 |
View Market Depth
| Last trade - 13.25pm 15/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |