Chart followers.
RSI at 27. Isn't that a buy signal for you guys.
Incidentally I read some back testing of chart techniques over the weekend. It seems that some technical analysts can beat the market with skill and discipline.
On average the net risk adjusted achievement is a tiny gain over the index, BUT, that includes all the guys that are not very good at it. Of course it is very hard to be very good:).
So Techies. RSI 27. Aside from your obvious H&S and descending triangle (which yes yes I do see), is the dead cat about to bounce off the bitumen?
Dollar down, gold up, RSI at 27 and we are getting near 1/3 of the market cap in cash by Y/E.
question for the chart followers
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Last
$15.79 |
Change
-0.040(0.25%) |
Mkt cap ! $18.14B | |||
| Open | High | Low | Value | Volume |
| $15.88 | $15.99 | $15.75 | $45.85M | 2.895M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10836 | $15.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.80 | 1226 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |