Just because you don’t properly understand something doesn’t...

First 2 Last

Share
Profile

Follow
gamblore

291 Posts.

131

14/10/18

20:05

Post #: 36119361
Share

Originally posted by Grivas ↑

All this nonsense about charts is meaningless. That line pf analysis would only apply to a company with an established business turnover, revenue and profit expectations. This is a start up which has failed all of its performance predictions, has an overweight running cost component, has either run out of cash or is close to it and apparently there has been vendor stock leaking out which is as bad a sign as one could get.. Once the sniff of failure gets out unfortunately there is always a stampede for the gate and it becomes a self fulfilling exercise. There are no credible text book graph indicators for this company and others like it. Its just pure speculation between realists and the absolute believers and frankly either side could be right, without the use of any economic science. At this point the company is on a knife edge and could go either way.
Personal perception is negative. Management needs to pull a bunny out of their hat very soon or there'll be no hat left.
Grivas

Expand

Just because you don’t properly understand something doesn’t make it nonsense.
Plenty of traders and investors alike appreciate charting observations as they may highlight price behaviours that line up with their trading plan and risk appetite. Regardless of the price direction.
They’re not meant to be predictions, simply indicators of probability. Which good chartists exploit over time.

NTI Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Chaos reigns markets – so let's take stock of where we're at ahead of December

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 3 more messages in this thread...

First 2 Last

Add NTI (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.001(1.45%)		Mkt cap ! $64.55M

Open	High	Low	Value	Volume
7.1¢	7.1¢	7.0¢	$16.67K	237.0K

Buyers (Bids)

No.	Vol.	Price($)
3	75250	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	23082	1

View Market Depth

No.	Vol.	Price($)
4	589299	0.070
1	36231	0.069
5	240000	0.068
2	255000	0.067
3	262000	0.066

Price($)	Vol.	No.
0.072	100000	1
0.074	40000	1
0.075	738582	2
0.076	90000	1
0.077	190000	3

Last trade - 14.13pm 28/11/2024 (20 minute delay)

NTI (ASX) Chart

Just because you don’t properly understand something doesn’t...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Chaos reigns markets – so let's take stock of where we're at ahead of December

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Buyers (Bids)

Sellers (Offers)