The issue isn't whether TA works or not. It def has its place in short to medium term price trend prediction. The issue arises when fetishists try to use it for everything to the exclusion of obvious FA. Or when people try to TA a commodity like gold although its price is largely driven by news reporting and economic results.
EVN chart, page-672
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Last
$4.88 |
Change
0.100(2.09%) |
Mkt cap ! $9.707B | |||
| Open | High | Low | Value | Volume |
| $4.99 | $5.01 | $4.84 | $39.38M | 8.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17864 | $4.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 162298 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |