AEV 0.00% 0.9¢ avenira limited

charting tips to get on mak, page-15

  1. 743 Posts.
    "Semi-log scales are useful when the price has moved significantly, be it over a short or extended time frame"

    This is a good example of why charting gets a bad name, there's no mathematical basis for the decision to use log. It would be like saying I'll chart something in log base 8 because it puts a move into better perspective.

    Their example and the MAK retracement aren't even 1 order of magnitude yet you're meant to go to a log scale because it's "useful".

    I'll get off my soap box and read the MAK preso.
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.