RE:RE:L2tradersam99 wrote:
Brilliant analysis! Like before when you told us it could go down next week... Unless of course it goes up instead. Simply astounding research.
fundamentalist will never catch on to this game.
Stocks go up and down, always oscillating… to me it’s a slot machine
When this chart pattern called ‘sell’ and single digits you had the same attitude back then.
Here is another quick lesson (reference chart below)
Last time I told you the chart was a ‘buy’ was late Dec.
The RSI was below 20, SSTO below 20, Macd pinching and the ADX was above the DMI –
When you see more than 4 indicators at oversold and a green candle – that’s when I toss money in the slot machine, and it spit out +66%
Now compare that day to today…. And then look at that last trend line on my chart (points to Fri-Mon). I points out that this ticker is coming up to a fence, and you want to see this ticker jump over…. I believe there is a good chance of this, because the ticker is already oversold, as per the indicators. (ADX is still not above DMI- … if it doesn’t get over that line; its going to get nasty for you longs. If this ticker makes it over with a green candle then .14 would be a near term target...
its always moving target, thats why you get cynical when you cant figure it out.
Charts are not always right and open to interpretation, you just have to learn how to exit if your wrong, and that’s another lesson in itself.
GLTA