TSXV:NGH.H - Post by User
Comment by
Odelayon Jan 26, 2018 4:19pm
162 Views
Post# 27444143
RE:RE:If you are selling....
RE:RE:If you are selling....I read candlestick charts against the 8 day EMA, with a parrallel stochastic oscillator set to 12,3,3.
Based on that configuration, there is nothing about this breakout that says people are tired of buying at these levels. Hence, no reason to sell.
Monday morning, we will see if people have changed their minds. If they have and it looks to be dropping, then sell and enjoy your profit. But for now, this closed with clear indicators that the upward trend has a good chance of continuing.
Everything I have learned about charts tells me that insider info is a big factor in trading. There is nothing you could do for due dilligence to say why you should buy this. But, when you ask a computer program to analyse this stock, it clearly answers that many people feel it is cheap at .11 cents and is likely to climb. Basically, software can tell you that "somebody knows something".
Enjoy the weekend! GLTA!!