RE:RE:Bollinger bands / MDAEh I do agree with you to a certain extent. Technicals can't be used to solely predict a price movement. You do have to note them though and they can be useful in identifying a trend . The story matters a lot, the overall market matters quite a bit as well.
I liked your explanation of statistics, for example you can note that with the bollinger bands, *generally* a stock seems to trade within the bollinger bands 95% + of the time. Seems like this stock, over the few trading sessions has been tracing along the upper bollinger band and this is a useful trend to identify going forwards. But no guarantee this will continue - always got to do your DD.
For me it's always been 50% story and 50% technicals. However I believe for Anaconda we definitely have the story, and the technicals are looking very interesting right now as well. With NIA promoting the stock this might finally be on the radar of some retail investors and hopefully some larger players will take note as well. Will be very interesting moving forward, good luck to all we're in for a wild ride. I am not a certified securities professional and I'm not qualified to make a recommendation.