"broadening formations are hard to identify"
Its a sad fact that forums like HC can give such a powerful platform to egotistical lamebrains like this. Also sadly that many will be misled by him!
I happen to be related to one of Australia's top Technical Analysts, and when I mentioned this so-called "broadening formation" - he just roared with laughter.
Firstly: Because there so obviously ISNT one!
Secondly: That a 30 yr "vet" of the market would "definitely" call it so!
Below is the broadening formation we recently had. To suggest that we are in one now is nothing short of fraud & fear-mongering. At best, its too early to tell, and any quality TA-er will modestly refrain from making an early judgment. In fact there are numerous tell-tale signs indicating a massive swing upwards is about to occur.
Cheers
- Forums
- ASX - By Stock
- ASX
- foolish for those that think martis is wrong
foolish for those that think martis is wrong, page-23
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASX (ASX) to my watchlist
|
|||||
Last
$64.06 |
Change
0.060(0.09%) |
Mkt cap ! $12.42B |
Open | High | Low | Value | Volume |
$63.50 | $64.81 | $61.89 | $35.08M | 551.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1495 | $63.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$64.10 | 1005 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 339 | 63.680 |
1 | 155 | 63.300 |
3 | 355 | 63.010 |
3 | 1077 | 63.000 |
1 | 100 | 62.390 |
Price($) | Vol. | No. |
---|---|---|
64.520 | 5920 | 1 |
64.530 | 3700 | 1 |
64.800 | 330 | 2 |
64.990 | 282 | 3 |
65.000 | 11871 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |