AUZ 0.00% 0.9¢ australian mines limited

what charts fail to take into account are intra day...

  1. 373 Posts.
    what charts fail to take into account are intra day developments, like say death of a director, 9-11, oppies , death of hamas leaders, rumours good/bad,
    thats why chartist are often ignored. A chart is a pattern, but chartism although a science to a degree only follows patterns on a graph. ie leg hits gold. Chartist cant predict that. With Blue hips charts are of great use and with specs they are less use. Fisrt thing I always do b4 i buy is look at the chart if it look sh1t then i dont buy, but I am talking about looking at ones like lums chart. When AUZ look like lum then hell I'm not even watching.
    Auz -factors are masssive move up in revs at a time when a massive amount of stock is to be released, result stalemate until dilution is resolved, is move in revs enough to overpower dilution --in my book yes.

    bon soir
 
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