imho, charting can be used on a 30 second basis, intra daily, or any other time frame including monthly/yearly or simply identifying entry and exit points on the multi year economic cycle.
I really think that you are maybe confusing charting and selling short and the two are really worlds apart.
I form my broad strategy on FA but try and use rudimentary TA to find entry and exit points, both for individual stocks and the market as a whole. Works OK for me, most of the time. LOL
nice trade setup forming, page-18
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Last
$6.02 |
Change
-0.030(0.50%) |
Mkt cap ! $5.627B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.08 | $5.88 | $43.41M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6279 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 31762 | 5 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |