RAC 5.44% $1.65 race oncology ltd

Sorry - lost the reply again - replying @W3hunter here...Please...

  1. 352 Posts.
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    Sorry - lost the reply again - replying @W3hunter here...

    Please don't take this in the wrong way, as I'm genuinely interested in learning more about different methods of interpreting charts etc. and good luck to you if you are able to reliably pick tops and bottoms and trade in and out for profit.

    One of the problems I have with some of these types of interpretations (such as you posted) is that it all looks very easy and obvious in hindsight, and yes we may all be considered dummies for not seeing the signs, but in real time it's much harder to do. For example, it looks to me on the chart you posted like a lower low formed in May 2020, and another in October 2020. These are not marked on your chart. Although it's totally obvious in hindsight, at the time these were playing out, wouldn't these have caused you to sell and miss the huge moves that followed? If not, why not?

    For clarity, I've marked up the points I'm referring to on your chart (see below). Thanks.

    https://hotcopper.com.au/data/attachments/3478/3478761-acb6d793320fd711960ff2991ebccede.jpg


    Last edited by KingBuzzo: Lost the reply to again, adding reference to @W3hunter 17/08/21
 
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