RE:RE:RE:RE:RE:RE:Short Position?I often trade stocks based on the technicals alone. Using the basics of the play of course . Most of the information is in the chart since it would represent the market as a whole. This is key . I first scoffed at the notion to this approach but quickly realized this as a very valuable tool. I understand
the concept of not charting on the venture since it is nearly entirely based on speculative possible earnings in the future but still calls accurately critical support and resistance levels. For instance .155 is very important with Yfi and I was quite concerned it would be breached but has proven quite solid even after financials disclosed.
Candlesticks