I look at charts once a week, there’s always a disconnect between TA and FA, and the chart you have is a good example, price still going down even after a good announcement. Got to use both skills to trade/invest.
will we get a double bottom at 6.1c? The market is saying you only have hit 1 out of 3, still have Alameda and Marti to go.
Charts are good for exit and entry prices if you want to trade, trading is like a 100metre sprint, if you are a marathon runner, stick with FA. Useless for a 3 year holder to look at daily charts and say it’s useless
May Chart, page-11080
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $28.67K | 1.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1822498 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 272423 | 3 |
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| Last trade - 15.57pm 28/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |