RE:RE:RE:RE:RE:RE:lscfa's top picks are PHM and CXV: SH's dumbest investor
ObiWanKanObi wrote: Im all for TA. Big stats guy myself... but if a stock took more than a year to "fill a gap", I would argue that there are likely other market forces at play than just TA forcing the stock to 'fill the gap'
First off I apologize for not responding to you inquiries as I didn't even see your post.
You may be all for them but you sure don't understand them. The TA's give you guidance to the direction of the markets ....not the other way around.
I'm not sure why time is being used as a reference to how or why gaps close but anyway,
ObiWonKonObi wrote: TA is about probability, not certainties.
Could not agree with you more as they are NOT crystal balls but rather indicatos. In this case all indicatos lead to the stock being overvalued at this point and time, that in conjunction with price gaps that remain open lead me to "indicate" that these gaps will close before the price reaches your $1.20 range. That does not imply that the stock doesn not reach $1.20 but simply re-tests it's breakout point while at the same time filling all open gaps allowing the stock to move forward in price and time thereafter.
Still with me nimbus? Didn't thinks so!
You are all welcome to have your say, just as I am. Unless you all can provide me with proof or evidence that YOU are above me or any other poster here.
At the time of your post of the de-listing of the stock EXO, it was simply haulted. so yes, it was a lie. I'll get back to you nimbus once the buy out takes place as I'm sure you must know that until you sell your shares in a stock....you haven't lost anything. Maybe you think differently than I do on that as well....who knows.
Cheers all....hope 0.84 doesn't get broken