Thought Id start a chart thread as didnt want to clog genuine share price discussion and information
Currently reviewed chart again and it seems to making a negative divergence which is a very strong chart tool indeed.
For holders unaware, this is when the MACD is increasing even though the share price is decreasing. Ultimately this means selling is becoming weaker and weaker. Eventually what happens is the bulls take over.
Todays sell off will be short lived in my opinion.
JAT Chart Thread
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 (20min delay)
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Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $27.89M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 35.0¢ | 33.5¢ | $145.0K | 415.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19133 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 1449296 | 1 |
View Market Depth
| Last trade - 15.26pm 07/05/2024 (20 minute delay) ? |
| JAT (ASX) Chart |