Usually you say some pretty dumb sh*t mate but this is quite an intelligent post. I do agree, TA is an excuse for people to gamble in the ASX Casino whilst believing they are doing proper DD (as opposed to simply betting on black). Illusion of control, a common bias associated with problem gamblers (in addition to confirmation bias etc)
Charts are meaningless, all that matters is the company. And it's pretty obvious from even a rather basic analysis that we have a high quality company with a fantastic management team, who have grown this company into the market leader it is today, delivering 9000%+ returns to shareholders in the process. There's definitely much more upside to come imo, I don't need a chart to know that!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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11 | 314175 | 0.970 |
15 | 351599 | 0.965 |
10 | 298620 | 0.960 |
8 | 261405 | 0.955 |
Price($) | Vol. | No. |
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0.985 | 345599 | 13 |
0.990 | 677112 | 14 |
0.995 | 82354 | 10 |
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