Technical AnalysisI was not a big fan of TA until recently, largely because I could never get it to work consistently. I now have the right tools and use it all the time for high volume Blue Chips, with significant success.
I am wary of using it, however, for small caps like Flyht. On March 11, however, the RMO gave a buy signal, followed by a confirmation a couple of days later. Yesterday was the third event when it finally went RMO bullish.
I am wondering if this will bring in some traders today whoi use TA techniques. I am kind of surprised that we have not seen Tibutch in a while. Perhaps he has given uop the ghost on this one.
Piper