By default, the price is already above the green arrow when it crosses up, and way way below the red arrow when it crosses down that last time... Why? because it's a lagging following indicator.
And creates a self fulfilling prophecy to followers.
If I was a cynic.... I'd load up and tell disciples to wait for confirmation then sell and tell people to wait for the cross down, but that's just me.
Cheers tc.
May Chart, page-10915
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 (20min delay)
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $61.98K | 2.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 753326 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2582136 | 17 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |