Wanted to share this thought with you all. If we have a look at this chart we can see that NST SP has bounced off support on the uptrend 10 times which means there is a 1 in 11 chance of this not happening the next time we hit support. That seems like a relatively safe bet and this thought process seems like a good way to look at probability in swing trading uptrends.
NST TA, page-26
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Last
$17.90 |
Change
0.340(1.94%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.74 | $17.93 | $17.64 | $80.48M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160 | $17.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.90 | 44796 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
