Difference is Rv at least Seagull uses statistical charting methods and backs things like his gap theory with numbers.
Whats scares the hell out of me is how many times he’s right, but then he is having an each way bet with outcomes quite often.
But thats the way of charts and technicals.
In think even Seagull would agree that traders take advantage of these technical indicators and usually work with them. Don’t know that they have a great understanding of fundamentals. But with the poorly regulated Asx these days they don’t need to.
Gr.
GLN Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held