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FMG

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1.54%

$27.43 fortescue ltd

no serious person uses TA.

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jacinkoland

383 Posts.

90

21/03/23

05:34

Post #: 66870199
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Originally posted by TheAnalyst007: ↑

I've never met a pro that does, and I have met plenty of them (I literally work in finance and everyone in the industry jokes about TA). High frequency/quant trading strategies are different, but these strategies are largely not available to retail. Momentum is used by pros given their is merit to this strategy and it is backed by evidence that it can beat the market, but other than that lines on a chart are a joke in the industry.

I don't want to argue about this though, if you are successful using TA then that's great for you and I am glad that you are making profits.

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no serious person uses TA.

FMG Price at posting: $20.80 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $27.43		Change 0.415(1.54%)		Mkt cap ! $84.39B

Open	High	Low	Value	Volume
$27.64	$27.67	$27.15	$61.40M	2.235M

Buyers (Bids)

No.	Vol.	Price($)
12	2189	$27.41

Sellers (Offers)

Price($)	Vol.	No.
$27.43	2884	13

View Market Depth

No.	Vol.	Price($)
19	2963	27.430
14	3990	27.420
16	3486	27.410
17	5706	27.400
9	3201	27.390

Price($)	Vol.	No.
27.440	136	4
27.450	2940	8
27.460	2181	8
27.470	2518	7
27.480	2720	8

Last trade - 13.53pm 22/05/2024 (20 minute delay)


Last $27.41			Change 0.415 ( 1.81 %)
Open	High		Low	Volume
$27.64	$27.66		$27.16	524715
Last updated 14.12pm 22/05/2024 ?

FMG (ASX) Chart

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