COMB - IntraDay 09/12/2015 |
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Wednesday, December 9, 2015
Com Bank - The Hornet's Nest
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Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
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Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
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ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day...
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As a gesture to honour a client Mr. R.T., I post an image shared by him regarding the ASI. The primary reason to do so is that, He is a k...
2 comments:
Why did it come down?
First reason of course is the Ex div date was the 9th. But mostly it is due to foreign selling which is there on Com bank for many days now. However I must add that in Technical analysis, there is no point in knowing what happened. Because the price and volumes includes every thing inherent in the variety of thinking that goes into making of that price and the trend. It includes fundamentals of a company, politics, weather, financial crisis, economical turmoils, selling pressure.....the list is never ending. But the best part is that the trend repeats what happened previously. That is something that no one can explain.
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