Those who say looking at charts is akin to looking in your rear vision mirror just to see where you have been don't understand the benefits that TA can bring.
I understand about those who continually hold because of the CGT but for those who prefer to trade have an advantage if they apply it.
I don't short stocks. It's against my principal. It's detrimental to the company. I wish it was illegal to not only naked shorting but I study charts and prefer to get out or reduce holdings and TA can help with the timing.
I bought 3 working days ago after the forth touch. A minimum of 3 touches is required (a group of a few together counts as one touch)
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Last
$1.62 |
Change
0.150(10.2%) |
Mkt cap ! $628.2M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.62 | $1.49 | $15.23M | 9.724M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49000 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 3446 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| CHN (ASX) Chart |