lol, I was stopped out of two failed breakouts and since left it alone. Doesn't mean I knew, or cared, what it was going to do. Generally if it fails a breakout there is hidden supply and stops should be raised and you let it prove itself for a possible entry in the future.
Charts are not for predicting the future, they're for managing risk. With EML it worked pretty well for me
EML Chart, page-93
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Last
90.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.6M | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 91.0¢ | 88.5¢ | $878.6K | 977.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 56411 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 4463 | 4 |
View Market Depth
| Last trade - 14.55pm 04/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |