I only have very, very basic charting skills but, whether you believe in charting or not, it helps on two levels:
1. It can improve your entry and exit points, which should ultimately improve your profitability; and
2. On days when it feels like the world is collapsing, you can look at the chart and go "well, that wasn't too bad". "We just went back to the tend line". Charting can help give you a piece of mind and let you sleep at night.
Approaching a trend line or resistance line, however, is no place to be buying.
Now we need to bounce, and hopefully I can draw a weekly chart next week and it will eliminate yesterday's, let's call it, "noise" shall we? GLTAH.
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.4M |
Open | High | Low | Value | Volume |
48.0¢ | 48.5¢ | 47.5¢ | $53.94K | 112.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 32580 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 59944 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 32580 | 0.475 |
7 | 57476 | 0.470 |
2 | 25000 | 0.465 |
8 | 42579 | 0.460 |
5 | 46534 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 59944 | 1 |
0.490 | 56729 | 4 |
0.495 | 20000 | 2 |
0.500 | 131836 | 5 |
0.505 | 43000 | 3 |
Last trade - 15.51pm 29/03/2024 (20 minute delay) ? |
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Last
48.0¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
48.0¢ | 48.5¢ | 47.0¢ | 59503 | ||
Last updated 15.59pm 29/03/2024 ? |
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