Not sure if there was a misunderstanding here or something?
When I said "It's definitely not a stock you could only use TA for, not enough volume, but it has it's place.", all I meant is that SDI is generally a thinly traded stock, and personally I don't think there is enough consistent volume to make calls purely based on TA.
Over the last couple of months there has been some volume on the fall down to 45c, but as discussed it has come from Celeste selling down their stake, likely due to their underperformance as madamswer pointed out.
I don't mind applying a bit of TA every now and then, particularly for entry points in a stock where I really like the FA.
If someone is willing to put in time and effort to any form of analysis I wish them the best. There is no right or wrong, as long as you are seeing results.
I also definitely appreciate your thoughts on the chart, it's good to see FA and TA align. That is when you often see the best returns.
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Last
$1.11 |
Change
0.000(0.00%) |
Mkt cap ! $111.1M |
Open | High | Low | Value | Volume |
$1.11 | $1.11 | $1.11 | $11.45K | 10.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 818 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 7231 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3840 | 0.790 |
1 | 5000 | 0.720 |
2 | 4500 | 0.700 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 3861 | 2 |
0.910 | 5000 | 1 |
0.920 | 10000 | 1 |
0.990 | 9810 | 2 |
0.000 | 0 | 0 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
SDI (ASX) Chart |