Not much of a Chartist but posting this for discussion.
On my trading app it shows the weekly MACD (potentially) about to cross in a negative way.
Does this give an indication as to how far away we are from the bottom? Or how long until we might expect a trend reversal? Or do predictions on this time scale have less weight as they’re too far into the future?
Thanks. Andy C.
PLS chart, page-10127
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Last
$3.01 |
Change
0.050(1.69%) |
Mkt cap ! $9.059B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.04 | $2.96 | $47.61M | 15.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 168080 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 137639 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |