RE:RE:RE:RE:Chart share...Well we can always count on you to generate conversation. I shared a chart... not my chart... but one that was generated to illustrate the SP potential for EGT that appears to validate the forecast by both Mackie and Thompson Reuters. Yes it is a month old. The point being however some people don't get how these forecasted SP evaluations are derived. It isn't just a rectal pluck for the research capital groups..... there really is some analysis behind it. Now I am not saying that this chart illustrates all that encompasses making those market calls and I'm not making a buy or sell recommendation. What the chart does do is provide some substance for those who may have bought in based on the market analysis conducted by the research capital groups. Take it for what it is.... and it is not a pump... just a chart share.... and yes things change... expectations evolve. Sometimes they are shattered, sometimes met, and sometimes surpassed. It remains to be seen what EGT will truly do.
Have a great weekend...
GLTA & DYODD
thepbay wrote: Bizarre, never heard of such a thing. Never seen anyone refer to a chart that is a month old either. A chart will tell you everyting that you need to know about the short term, think you have a misunderstanding. A chart will aways tell you if a turn has occured and a break out is imminent. Too each their own, I guess. This is a penny stock, long term is impossible to predict and is most likely not good. It is just the way it is with penny stocks. They are momentum plays, that is it. If one does happen to work out "long term" it is probably like 1 in 1000. The odds are stacked against you holding long term, I don't care what company it is. The risk is funding and execution, something 99% of Venture stocks face. This has even been discussed on hear many times. GL
pbay
ChaseYourDream wrote:
thepbay wrote: Why are you looking at at chart from Aug. 22?? That make zero sense. What does the chart say today? Did Aug. 22 tell you that it was going to be where it is today? Not sure how or why you would expect ppl to use that as any type of reference? GL
pbay
1969Enigma wrote: Some analysis on where this SP is headed courtesy of PamplonaTrader on CEO.CA. Ties in nicely with Mackie and Thomson Reuters.
https://imgur.com/uWd6sX5
pb... looking at the long-term potential does not require the last few weeks of data, and may well be obscured by it... Short-term TA of pennystocks is more foolish than deciding if you need life insurance by consulting a fortune-teller. They are about as helpful as yesterdays weather forecast. "Yes, yes, we know it DID rain.... but that means it's gonna rain every day from now on?")