I'm not going to get into a big debate as I mentioned in the post. However what I would say is that this is based on human decisions and psychology over time. Algo's are programmed by humans and use the same indicators that humans use but they do it 100x quicker and without emotion. But the smart money uses charts and they counter trade the herd. I'm happy for you to disagree. I'm certainly not here to convince anyone just add a little value for those that see it. Thanks for the comment you absolutely raise some relevant points and I totally respect your reply
RXL chart, page-2612
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $62.79M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $32.91K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 289156 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 151267 | 5 |
View Market Depth
| Last trade - 15.53pm 03/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.005 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 18.0¢ | 18.0¢ | 17.0¢ | 64206 | ||
| Last updated 15.16pm 03/05/2024 ? | |||||
| RXL (ASX) Chart |