"The two of you have different interpretations of charts"
I don't think that we are much apart on our interpretations, simply that I have taken a very cynical view with PER where Dory is more optimistic.
I believe the adage that a pessimist is an optimist with more experience, especially when dealing with PER.
Dory looks at the squeezing of the price down into the apex as a signal that the sp is going to break out up and over the line.
I only look at charts at the end of the day generally to just get a general feel.
I do not day trade, or any other sort of trading for that matter, so I don't know that what I say would carry any weight.
What it does seem is that there is virtually no ASX action and it is almost all CXA.
The small trades indicate to me, with my limited knowledge of such things, that bots are at work.
I have a very cautious view of any thing that is from outside of Oz.
Lockitt
PER Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
