H-A is a trend following candle/bar (hence averaging or almost averaging) approach, so of course you are correct. Immediate buying/selling pressure akin demand/supply is only evident in the length of the bars and in particular the length and positioning of the wicks and the associated volume of all. There is an approach looking at the volume in the wicks and relating that to their length that is also very good at indicating pressure taken into account with the bars as well. Hard to argue against obfuscation.
H-A is a trend following candle/bar (hence averaging or almost...
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Last
78.0¢ |
Change
-0.020(2.50%) |
Mkt cap ! $1.891B | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 81.5¢ | 77.5¢ | $7.861M | 9.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54923 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 25000 | 2 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |