So far I have been using technically analysis
I trade daily
Today I shorted at 5.01 and bought back at 4.90 in the morning
Then 4.90 in the afternoon and bought back at 4.86 after market
I usually wait for pivot points establish themselves in the morning
They were at 5.04, 4.97, 4.88 and next 4.82
These change daily so most of the time I just take my profits as you never know what happens overnight in the US
For example I took my profit on close the day before at 4.92 then the next day it shoots up to 5.04 if I stayed in I would of been unhappy. So it good to take profit when the opportunity arises because this market is a crazy game and in the long term you make money were long term shareholders end up losing. I was one of those. Now I have learnt my lesson from that
So far I have been using technically analysisI trade dailyToday...
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |