He called you out for calling a classic Wyckoff pattern falsely.
You took umbrage rather than considering that maybe you were wrong.
I thought the whole point of TA trading was there is no ego in it .
Bye
And for anyone out there who doesn’t already know, Richard Wyckoff [Wikipedia] was an American investor who died in 1934 ..
I don’t fully get what his ‘spring’ pattern is all about bar that- after a fair while of settling into and playing yo yo games with a ‘lowest price point’, the price suddenly dips dramatically into the very pits of hell.
And then, like the phoenix arising, it rapidly begins to spring back on high volume into a mighty upthrust and the bluebird of happiness starts singing to all the sad investors, and it really does feel like the season is ‘spring’ as well as the action.
I reckon it’s not as easy to call as it sounds after getting it wrong a few times, but definitely a classic pattern and one to watch out for .
cheers
https://www.marketindex.com.au/news...pult-jb-hi-fi-spartan-resources-calix-de-grey
![]()
- Forums
- ASX - By Stock
- PLS
- PLS chart
PLS chart, page-21958
-
- There are more pages in this discussion • 909 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B |
Open | High | Low | Value | Volume |
$2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15056 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 89928 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 2.970 |
2 | 5067 | 2.960 |
1 | 7500 | 2.950 |
1 | 10000 | 2.940 |
4 | 11699 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 31000 | 3 |
2.990 | 28400 | 2 |
3.000 | 113777 | 14 |
3.010 | 8821 | 3 |
3.020 | 135253 | 6 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online