Its not the fact that a reversal is unlikely. Anything is possible but what u want is to be on the winning horse not the losing one. Hence ta can be used to pick these moments of reversal otherwise it is pure guess work and too risky as pople have found out
Trading halt after a 60% price collapse?, page-61
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Last
$9.99 |
Change
-0.030(0.30%) |
Mkt cap ! $17.21B | |||
| Open | High | Low | Value | Volume |
| $9.96 | $10.07 | $9.86 | $38.81M | 3.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 48559 | $9.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 21495 | 2 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |