Hi All, Just trying to apply EW to day trading. I have a few questions..
If someone could please help.
Does the wave count begin at wave 1 every (new) day?
Or does it follow on from the previous day's trade were the count finished?
Is it good to use a 3 or 5 minute chart to identify the waves correctly?
At this point in time 12.20pm, is the daily in a C corrective wave down as per my chart,
or would this be an A corrective wave beginning?
For the 6 monthly or yearly chart, would we be on a wave 1 up now?
PLS chart, page-14505
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Last
$3.06 |
Change
-0.005(0.16%) |
Mkt cap ! $9.346B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.11 | $3.05 | $17.14M | 5.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 371266 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 262746 | 45 |
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| Last trade - 11.20am 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |