RE:If technical analysis is so great If technical analysis is so great
Why do firms like Goldman sachs, and investors like Buffet rely Heavily on fundamentals (80-90%) and (10-20%) on technical analysis when building a portfolio, do you believe they're in the losing money business? technicals can help when trying to pick an entry but that's about it... if not every retail trader would be rich just buy following some technical nonsense.
This is 2 different animals my friend.
Both Goldman and Buffet would not touch this stock.
Even if they could they wouldn't because a license hasn't been granted.
This is a speculative penny stock with the potential of closing the license.
Gabriel resources (1st biggest resource in Europe in Romania) had their license revoked.. A $.4 billion lawsuit is in motion.
But for the record I still have a position here and hope this puppy grows up .
Otherwise it is a waiting game.