I'm really pleased that you can see the accumulation. Not only accumulation but at a price the makers want to accumulate at, not one cent higher. The makers are those that buy and sell and hold to satisfy demand in the market and provide liquidity.
What they are up to is seen by price and volume and no amount of marubozo's, dark clouds or any other named candle pattern can forecast that. Those patterns reflect what has happened.
Even commonsense can see what is happening - holders will know when the accumulation finishes by the reaction in price.
I'll disagree with you in that charting is predictable.
I'm really pleased that you can see the accumulation. Not only...
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Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $66.45M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $5.694K | 57.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75500 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 132990 | 3 |
View Market Depth
| Last trade - 12.31pm 16/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |