WMT western metals limited

hope is in the air, page-30

  1. 83 Posts.
    Neilk,
    The five indicators you listed are obviously important to you in determining a buy/sell decision.

    As with all indicators, (and there are many) each will be of some importance to some traders/investors.

    Obviously, and unfortunately, there is not one indicator that can predict the future movement of a stock. We need to employ whatever method best suits our individual needs.

    I tend to rely on just three indicators, the main being volume of sales per day, together with the Slow Stochastic and the MACD. The MA's on the daily price are also very important to me.

    The buyer/seller ratio that I mentioned in my previous posts is something that I try to use throughout the trading day as an up-to-the-minute indicator of market sentiment.
    This in some small way counters the lag given by the other indicators but it is only good for high volume stocks....and WMT is such a stock.




 
watchlist Created with Sketch. Add WMT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.