Bigmac - looks like you are the only one who is objectively trying to understand the share price movements - I like those comments from people who post "they are not interested in the share price" - I guess it's because they don't understand it, the sp has gone against their cherished assumptions, but I still believe it's helpful to try and get a handle on sp movements you need all the help you can get in markets like these.....
anyhow, I've tried using a 'pitchfork' analysis of FNT because I can't discern any other meaningful method for the sp movement - I'm not an expert in this (I'll post this chart on the Charting Forum and see if Dgoransson will help out) and my drawing package is fairly primitive too - so there are minor errors......
I'm not sure of the significance of the convergence of the median lines, plus they converge on the 'long term' pivot baseline so that looks like a 'bottom' somewhere around 13.5c at end of year - however, that 'bottom' is only the median line for the last pitchfork which looks to have bounds from around 8c to 20c approx.
so it's more of the same for a while with FNT from my look at the chart - could go a bit lower but not less than around 8c? (shock!) and could get to around 20c as short term high?...... make of it what you will.....
- Forums
- ASX - By Stock
- LNR
- games at the close
games at the close, page-13
-
- There are more pages in this discussion • 44 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 LNR (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.99M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 9184500 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 17986611 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 9184500 | 0.004 |
48 | 60873377 | 0.003 |
34 | 36067332 | 0.002 |
9 | 53790000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 17986611 | 24 |
0.006 | 15657873 | 14 |
0.007 | 9669028 | 14 |
0.008 | 7989729 | 9 |
0.009 | 2312047 | 8 |
Last trade - 10.28am 15/07/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |
Day chart unavailable