I am intrigued with this thread reading the chartists dialogue and strategies - it certainly is an art form. I am inclined to agree that it's based on previous history and tries to define trends that may or may not recurr. Knowing how erratic and unpredictable the market is, I do wonder how effective the charts are - you just look at the total erratic and unpredictable bahaviour of the PLS sp where there seems to be incessant manipulation which I doubt a chart can predict - too involved for me I'm afraid. I'll stick to gut feel.
PLS chart, page-9345
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |