That's exactly it. It's possible to chart a 'trend' and stocks tend to stay within trends except when sometimes they don't. At those times you make a call whether you think the market will overwhelming buy, sell, and sometimes its neither.
Personally I'm not currently trading and I like to apply FA to my investments before anything else. On a long term basis that has served me better than TA overall. TA is more or less for a bit of fun and I have on occasion managed to time a buy or two just before the price has broken out.
Will be the first to admit that although I (think I) can observe patterns etc I have no f*cking clue which way the SP will move tomorrow.
Ann: Ceasing to be a substantial holder, page-46
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SHJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
87.5¢ |
Change
-0.020(2.23%) |
Mkt cap ! $144.2M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 89.5¢ | 85.5¢ | $9.663K | 11.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6492 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 3339 | 1 |
View Market Depth
| Last trade - 15.16pm 26/11/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |
