Thanks spacebar, I was more interested in what you were thinking. I personally don't believe in technicals in anyway except as an indicator as to how the chartists like will trade based upon past movements to give me an indication as to where the stock will go short term. I would rather look at the fundamentals which I believe will always win over a chart. For example, if we get a nice run now, is your head and shoulders theory out the window?
I'm more of the thought that earnings, increases in efficiencies and reduction of unemployement will lead us into new highs this year for the overall market.
I believe that MQG will hit new highs based upon surprises as a result from their over conservative view of 2010 earnings and economic rebound.
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Last
$218.21 |
Change
-4.070(1.83%) |
Mkt cap ! $83.16B |
Open | High | Low | Value | Volume |
$221.50 | $221.68 | $218.21 | $127.5M | 582.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 804 | $218.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$218.35 | 55 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 804 | 218.180 |
1 | 120 | 218.130 |
1 | 20 | 218.120 |
2 | 1298 | 218.020 |
2 | 2013 | 218.010 |
Price($) | Vol. | No. |
---|---|---|
218.350 | 55 | 1 |
218.800 | 221 | 1 |
218.920 | 1288 | 1 |
219.000 | 100 | 1 |
219.040 | 103 | 1 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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MQG (ASX) Chart |