@edutain
Each to his own I guess. I had gained the impression from a previous comment of yours that you only owned FML and were down big time. I'm glad to see that that is not the case. I should make the point though that I am not a believer in TA. It's just another tool to master that can sometimes make an investor's life a little easier. Have a look at the chart (monthly) below (I don't hold)- a beautiful example (so far) of Elliott Wave activity in waves 1-3. So what happens next? Will wave 4 (down) play out as an ABC pattern? Too early to tell, but if it does my targets for this particular stock are $9-11 (or higher) at the end of a following wave 5.
I'm like the door to door salesman - for every 9 knock-backs there is one hit. In my case I aim to make sure that that one hit is very much bigger than the total value of the 9 knock-backs. And for me that general line of reasoning has worked a treat over the last few years. With a much better average than 1:10 fwiw.
Macca
- Forums
- ASX - By Stock
- FML
- hartley's report
hartley's report, page-50
-
- There are more pages in this discussion • 6 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 FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $55.87M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.5¢ | $104.4K | 541.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 81748 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 0.190 |
1 | 15000 | 0.185 |
2 | 65000 | 0.180 |
1 | 7852 | 0.175 |
2 | 108446 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 81748 | 1 |
0.200 | 100000 | 1 |
0.210 | 7115 | 2 |
0.220 | 17000 | 1 |
0.240 | 15509 | 1 |
Last trade - 15.23pm 28/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |