Hey m3,
I know nothing about charting and find your analysis really interesting and informative - but surely it's a really long bow to draw a conclusion from 6 years ago. The company is a completely different beast from 6 years ago. To me this assumption is pretty loose suggesting a) the same buyers from 6 years ago are the ones buying today and are all aware of 5.30 price on the chart?? B) unless it breaks 5.30 it will be on a continuos downward trajectory indefinitely? Surely charting was intended to be used as a short term tool guided by specific parameters that you frequently mention.
Hey m3, I know nothing about charting and find your analysis...
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Last
$22.36 |
Change
-0.230(1.02%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |