Why do you read the T/A threads if you think charts are voodoo - Maybe if you opened your mind to technical analysis it could help you time your entries and exits -
Slick is an asset to this forum and unlike me he holds the stock.
Maybe have a read of Padleys latest article below !
https://www.livewiremarkets.com/wires/how-marcus-padley-analyses-stocks
"
We use charts very much to determine our sector bets, that is which sectors are changing direction. We're looking for big pivot points, not daily trading pivot points. We're looking for when a sector has had some fundamental change, which creates a technical change, so working together.
But the charts are the best way to gauge sentiment trend, and you can't just dismiss them and look at fundamentals.
You will never make money just out of fundamentals. You'll certainly never time the market or time a stock using fundamentals."
IMUGENE CHART. TA only, page-2452
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $512.3M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.4¢ | 7.0¢ | $1.229M | 17.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 707803 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 172396 | 5 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
-0.001 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| 7.2¢ | 7.3¢ | 7.0¢ | 6411396 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
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