The only problem being that it overshoots each time, reverses, overshoots again and by the time it finally settles on the centre, the centre has moved.
Its also a bad metaphor from a scientific point of view. In a perfect world the ball would fly all the way to the other side of the earth, come to a stop at the opposite surface and start reversing - oscillating back and forth forever.It would always be at maximum speed at the center - never stopped.
Sorry to be so pedantic but like most TA its pseudo-science. Some charts I find useful but steer well clear of "theories".
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Last
$6.90 |
Change
0.010(0.15%) |
Mkt cap ! $4.633B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.95 | $6.84 | $7.658M | 1.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8437 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 600 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |