LOL
You're implying I was singing the wrong song yesterday.
My theory, and that's all it is, on todays trading is that traders are often not happy to see shares edge up daily.
They may wait for a pull back to re-enter but it might also continue to climb.
Best analogy would be someone at a roulette table who had never seen so many reds or blacks in a row.
Sooner or later they are tempted to bet the opposite only to find yet another of the same colour comes up again.
Theory and guess work here on my part.
FMG Technical Analysis, page-2312
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 (20min delay)
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |