The key thing is to use a chart that suits your trading timeframe. To really simplify things, if you are planning on holding for a few weeks, then the daily charts are not all that useful.
The best bet is to combine several timeframes so you know what ranges the instrument trades and also areas of support and resistance.
The key thing is to use a chart that suits your trading...
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Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,953.2 | 8,092.3 | 7,952.8 |
| XJO (ASX) Chart |