EHL 2.47% 83.0¢ emeco holdings limited

EHL has been in a steady uptrend for some months. It has been on...

  1. 441 Posts.
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    EHL has been in a steady uptrend for some months. It has been on my watchlist since last year. I keep a daily archive of 52-week high lists in a dedicated folder. EHL has been in and and out of the 52-week high lists for some time. This is similar to other strong bullish stocks like A2M, BAL, ALU, APX, APT, KGN, etc.

    I'm curious to know why investors on this forum bought EHL. I assume only a minority of you use charting to buy shares. The rest likely base their buy decisions on company fundamentals.

    I did some charting analysis for FCL on the relevant HC forum page. My bearish analysis did not go down well with many FCL HC forum members. Many of them disparaged charting technical analysis. This was interpreted as a defensive response to the obvious truth that they had already had lost significant amounts of money, and were likely going to lose even more. The share ownership disposition psychological effect has blinded them to the fact that they own a dog stock that continues to print new 52-week lows.

    I'm curious to know the reasons why some traders stick to severely bearish stocks like FCL, MYR, RFG, and TLS. Again, most of them don't know how to exploit trends on chart graphs. Traders who own the likes of A2M, BAL, ALU, APX, APT, EHL, GSC, KGN, etc, may reflect a different mindset and/or developed maturity. I can usually gauge an investor's relative level of experience and maturity by looking at their stock portfolio.
 
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Last
83.0¢
Change
0.020(2.47%)
Mkt cap ! $401.7M
Open High Low Value Volume
81.0¢ 83.0¢ 80.8¢ $472.8K 576.7K

Buyers (Bids)

No. Vol. Price($)
1 25632 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 102081 3
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
EHL (ASX) Chart
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