I'm not so sure. Yes I'm very sensitive, and choose to stay away from fights, and look at Price Action.
"You're choosing to say the FA is causal for the TA." I never mentioned FA, and know little about it (despite being a trained economist (but not practising), FWIW). I don't know why price moves as it does (but see below), but it's no secret that price does move on (big) news. That's not news. I'm just looking at the price action on the charts. I do think a big picture perspective is useful i.e. does one believe in the potential of EV's, and battery storage etc. If so, who are the most viable players? etc...
FA is an huge, huge industry, and I'm not a part of that industry. Whatever they decide, it's reflected in the Charts, just like your and my trades....they reflect the activity of all types of market participants (from major instos, to dreamers, schemers, scammers, traders, L/T investors, Mums and Dads and all the rest. And price movements (especially to "sensitive". or key levels) tend to recur with credible statistical significance. Ultimately...not random.
Thanks
January Tea Leaf Musings !, page-237
-
- There are more pages in this discussion • 337 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 PLS (ASX) to my watchlist
|
|||||
Last
$2.70 |
Change
-0.155(5.44%) |
Mkt cap ! $8.054B |
Open | High | Low | Value | Volume |
$2.80 | $2.80 | $2.66 | $144.3M | 53.08M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
71 | 302780 | $2.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.70 | 477670 | 53 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
68 | 318126 | 2.690 |
62 | 522567 | 2.680 |
60 | 456811 | 2.670 |
73 | 726251 | 2.660 |
99 | 791416 | 2.650 |
Price($) | Vol. | No. |
---|---|---|
2.700 | 404729 | 53 |
2.710 | 519089 | 46 |
2.720 | 479291 | 40 |
2.730 | 329393 | 19 |
2.740 | 369606 | 25 |
Last trade - 14.44pm 15/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online