GREY:CLRYF - Post by User
Comment by
Trelawnyon Aug 13, 2016 10:46am
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Post# 25138726
RE:I hardly need a primer on charts Colin. Thanks for sharing
RE:I hardly need a primer on charts Colin. Thanks for sharingKobe,
that response was as much to you as it was to many other members on the board who may not be as familiar with technical analysis. I'm certain you are quite skilled at technical analysis.
I will say that statements such as "the chart says the stock is going to 7 cents fast" - do not engender confidence in your analysis nor are they particularly helpful. You do get quite negative on occasion. As I am certain you are aware - there is nothing in technical analysis that gives certitude that a stock will go to a given price in a given time period.
I realize that you, I and many people are frustrated with the stock price - which is why I hop on here from time to time. To provide some perspective and possibly help people understand that things are in fact quite excellent with Zaio - better than excellent actually, and getting better.
The technical analysis showing a pennant continuation pattern of price improvement - along with a fundamental backdrop that is getting ever better would be two confirmations that there is a good possibility of the price continuing upward.
Best regards,
Colin Fisher