TSXV:RHT.H - Post by User
Comment by
mulinekon May 13, 2018 5:22pm
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Post# 28024278
RE:RE:Reading Charts
RE:RE:Reading ChartsI thought I was clear in my post. Apparently not. So let me rephrase it so we are all on the same page. Looking at charts we are dealing with probability of price moving in any potential direction. And in certain time frame. And I have to emphasize ‘Time Frame”. I probably should have said
“At the current market, charts do NOT favor move to 2.50 or 1.30 in a week or two”.
Can price be at 2.50 within couple of months. Absolutely yes. After good financial results or new good signings – why not.
I trade RHT, not too often. Did it twice so far. I’m looking at a potential point of entry/exit using Daily and 60 minutes charts.
Happy Trading