You're sort of correct. The majority of FA traders aren't very good at it, sorry but that's the reality. It takes a great deal of both time and talent to make good money from Fundamentals. The few that are good however, are worth following, not their words, but their actions. Which is what a large part of TA seeks to do, which is why I keep harping on about volume so much.
short covering, page-31
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 (20min delay)
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Last
$6.63 |
Change
-0.030(0.45%) |
Mkt cap ! $6.197B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.70 | $6.63 | $23.51M | 3.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 130869 | $6.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.63 | 36336 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$6.65 |
Change
-0.030 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $6.70 | $6.70 | $6.65 | 1033907 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| LYC (ASX) Chart |