Great chart. To me it looks very strong powerful to the up side.
In 2007..2008 there was the similar chart but in reverse. At that time I had one million dollars invested in the markets. 60 % was margin loans. My understanding of the power of a head and shoulders pattern saved me from bankruptcy.
Unfortunately for many investors or traders they didn't understand the power of such a pattern. They prefered to follow fundamental analysis. Some companies were paying 8% dividends and in no time went into bank ruptcy.
Fundamental analysis combined with Technical analysis to me is the way to go.
LPD Chart & Analysis Thread, page-3
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $22.91M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $12.85K | 4.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7643965 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 43320477 | 46 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
-0.001 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 5960672 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| LPD (ASX) Chart |