Playing in the ASX game not about fundamentals or technicals, nor is it blindly throwing a dart. It is the combination of a personal opinion that culminates in a decision to put as risk your capital.
The reason you make that decision is made up of a mixture of things such as:
- fundamentals of a business that appeal to you personally and you believe will make the return you seek
- technical analysis on how a share is performing as an indicator for the next move
- how convincing the taxi driver who gave you the tip was
- how successful the company is as marketing their brand to appeal to you and your ideology
The fact is every one of these things play a role in share trading and every buyer does so for their own reason. Technical analysis is not scientific it is psychology, it is seeks to predict future trends based on past performance and the matching this to a pattern which others will respond to and thus trade.
Every single piece of information should be used to form your opinion,- and no one should ever by put down for their own methods to reach a decision. Remember for every seller there's a buyer, so there is always an opposing view to you.
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Last
$6.08 |
Change
0.015(0.25%) |
Mkt cap ! $5.641B |
Open | High | Low | Value | Volume |
$6.00 | $6.10 | $5.97 | $18.40M | 3.047M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 37129 | $6.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.08 | 36486 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 39429 | 6.060 |
42 | 50747 | 6.050 |
16 | 38258 | 6.040 |
13 | 46008 | 6.030 |
21 | 132022 | 6.020 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 39536 | 53 |
6.080 | 58033 | 30 |
6.090 | 61453 | 16 |
6.100 | 104385 | 15 |
6.110 | 17537 | 9 |
Last trade - 15.44pm 25/07/2024 (20 minute delay) ? |
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