TSXV:MBI.H - Post by User
Comment by
Dojitrader15on May 21, 2017 11:28am
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Post# 26268812
RE:MBI
RE:MBII don't know what chart this guy is looking at but it isn't the same one I am. Also me being a TA guy, I often hear that penny stocks don't apply to technical analysis..or vise versa. That statement is somewhat true as a stock that trades 20,000 shares a day or no shares on given days, has very little to do with TA's and an accurate reading is almost non existant. If on the other hand you have penny stock that trades in the millions ....well then with out a doubt it will give correct and usefull trend indicators and such.
Unfortunately MBI with its minutte volume can not correctly be charted, plus what is this guy's agenda posting on a stock that has almost zero volume in a total of the past year? Nothing better to do or post?