From Wikepedia on MACD: With the emergence of computerized analysis, it has become highly unreliable in the modern era, and standard MACD based trade execution now produces a greater distribution of losing trades[citation needed].
I've seen this FNarena site on a tryout basis. They are bears pushing their own book. Look at our strong earnings and historically low PE. It would be foolish to trade around a 600 point potential drop.
ugly, page-2
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Last
$64.40 |
Change
0.730(1.15%) |
Mkt cap ! $12.48B | |||
| Open | High | Low | Value | Volume |
| $64.50 | $64.72 | $64.14 | $3.117M | 48.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34 | $64.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.40 | 199 | 3 |
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| Last trade - 11.17am 09/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |