"ive been utterly fascinated with your charts and explanations"
So have I but for a much different reason.
This is the problem with would be if they could be chartists. Especially the overnight wonders who wouldn't make a chartist little fingernail. Newbies can easily follow them and not knowing how it can lead to their loosing money. The old saying a little knowledge can be a dangerous thing applies.
In answer to you question, you can Google basic knowledge on TA and that is where you should start. i.e. with the basics.
Here is an example.
https://www.ig.com/au/trading-strategies/10-chart-patterns-every-trader-needs-to-know-190514
Keep in mind TA is only a guide. Just like FA and cycles are. You should also know that the percentage of spec stocks becoming more than only that is extremely low. Also IMO spec stocks are not the best to apply TA to. Maybe someone a lot better than I am can do it but I won't attempt it especially if the stock is trending lower. These type of stocks are better traded rather than invested in.
Another thing that fascinates me is it always an exception to the one every poster likes. The fact that the market doesn't like it anymore doesn't seem to matter. Arguing with the market is the last card in the pack.
I thought I could put a chart of CRO here from Investing.com but I don't see any provision for it.
Anyway you can draw in a support line using www.bigcharts.com
Remember there must be at least 3 touches.
You will see the support line is now starting to be penetrated. Also the trend is down now.
- Forums
- ASX - By Stock
- SPX
- NEW CRO CHARTING THREAD......TA & CHARTS ONLY PLEASE !!
NEW CRO CHARTING THREAD......TA & CHARTS ONLY PLEASE !!, page-229
-
-
- There are more pages in this discussion • 186 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $55.24M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $21.39K | 1.944M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 5972326 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8980430 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5872326 | 0.010 |
14 | 6925838 | 0.009 |
10 | 5888248 | 0.008 |
6 | 6232562 | 0.007 |
7 | 3312420 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8980430 | 15 |
0.013 | 9242645 | 10 |
0.014 | 7865378 | 12 |
0.015 | 7363083 | 7 |
0.016 | 5000000 | 2 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online