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Carlisle Goldfields Limited T.CGJ



TSX:CGJ - Post by User

Comment by hrattleon Jan 07, 2015 9:36am
99 Views
Post# 23293427

RE:RE:RE:RE:ta

RE:RE:RE:RE:taSorry to burst your bubble but TA is part of due diligence (which includes fundamental analysis and these days behavioural/sentiment analysis - something you do as evidenced by your cynicism towards CEOs). Nobody should ignore TA but it's value with junior miners / penny stocks is low. Junior miners in particular are moved by PPs, results and takeovers/JVs - none of these are predicted by TA. In between these events, TA may be a useful predicter but the impact of spread, low liquidity and manipulation is likely to erode any real benefit.

If you are such as fan of TA (and many people are) they why waste your time on juniors - take it to forex where charting is a way of life (but still can't predict central bank intervention).
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