RE:RE:ChangeyourBetMy guess GCB is he's trying to undermine your credibility on this board so that he can keep up his negative rhetoric and shake those few shares out of weak hands, or he's shorting.
He's on ignore for me. But, I'm starting to really despise this board and the many many idiots on it. The few valuable pieces of information are far outweighed by the constant YOU SAID ON THIS DATE THIS WOULD HAPPEN AND IT DIDN'T. Get a life.
GameChangerBet wrote: I'm not entirely sure what your obsession is with me.
But re-read my original post, particularily the part where I mention that "technicals can produce a false reading" and "It's very early in the pattern". On a few occasions, ATE appeared to be attempting to make a technical break but failed, as it did this time.
Original post:
RE:RE:Technicals
Technicals can definitely produce a false reading, particularily with stocks that have minimal volume, just a few buys or sells can trigger a certain reading.
So you have to sort of combine the technicals with the fundamentals to get a more accurate projection.
I do think though that in ATE's case, it does look like it wants to move higher, and given the fact that there are several expected catalysts in the near - intermediate term, I think we're looking at a gradual development of higher prices.
If we stay above $3.85 today in terms of the low for the day, that will make 5 days in a row of higher lows.
It's very early in the pattern, but it is suggesting the continuation of a higher range.
I'm maintaining that $4.22 gets breached relatively soon which would further establish and confirm what the technicals are suggesting.
YukonJezza wrote:
you were incorrect on your trend prediction. ( In which you had a 50/50 chances).