I asked you the question because I thought you use GMMA as your main indicator. And I was wondering if it indicates a further drop in the share price.
BTW @Citra is correct; GMMA uses EMA. It looks sharper using EMA.
Now, of course, there is nothing 100% certain in the business of forecasting. As far as I know there is no indicator that has 100% accuracy rate. On top of that we all have some biases and a certain level of intelligence that direct our interpretation. So in the end our choice or decision is actually predetermined by those biases and intelligence. Ultimately we are not much different from BOTs that are programmed to do certain operations.
PLS chart, page-18598
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Last
$4.15 |
Change
-0.050(1.19%) |
Mkt cap ! $12.49B | |||
| Open | High | Low | Value | Volume |
| $4.18 | $4.19 | $4.13 | $81.93M | 19.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45688 | $4.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.16 | 78493 | 3 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$4.16 |
Change
-0.050 ( 0.52 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.19 | $4.13 | 3824343 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| PLS (ASX) Chart |