GREY:CNTTQ - Post by User
Comment by
EdiblesRlifeon Jul 17, 2019 10:45am
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Post# 29929371
RE:RE:RE:RE:RE:Still early
RE:RE:RE:RE:RE:Still earlyI'm sorry if you can't handle the truth but technical analysis is nothing more than a pseudo-science at best. The only ones that can actually do it properly are trading algorithms. Not you or me. You like to talk a big game and sound intelligent with your fancy technical trading terms but in reality they don't mean much. Also, go ahead and report me if you can't handle the truth. You are stupid if you think TRST trades pre-market on the tsx. And to even waste your time to post that earlier on with what intent? Seemed like your post was all negative and so I can only assume you are routing for the doom and gloom of this company. It's true I am down about 15% on this stock. Not terrible, especially in weedstock land. I do believe this whole thing has been way overblown and that Canntrust will recover all the better for it. With the better procedures and quality checks and balances. I have constantly talked about how I believe this to be the case and given evidence to support my position. You constantly talk about how this company is going to continue to go down with no evidence except "lower highs and lower lows" which hasn't been the case since last Friday. And then throw out random terms like bollinger bands and rsi. I understand these and take what they have to say with a grain of salt. The only thing technical analysis is good at is looking what happened in the past, it's super bad at predicting what is going to happen in the future beyond a daily time frame. And that is why only trading algorithms can use technical patterns properly as they say trade thousands to millions of a stock to read the patterns and make money off penny movements. Good luck though. I hope you don't get hurt too bad believing in your pseudo-science
Ghostonscreen wrote: "DUMMY" and "LMFAO" ....hmmmmm. Rather insultingj!!!!
Pre-market is pre-market. I said "it's early." Stock price always changes until the Bell, and then it changes again.
So you are making assumptions---and then hurling insults.
Do you know anything about Candlestick pattererns?
Relative Strength Indext?
Bollinger Bands?
MACD?
No, I suspect you are a bagholder, a retail trader, not much knowledge of trading, hoping the stock will rise,so you can cover your loses.
The reality is that we are in a downtrend.
To change the downtrend, the stock must rise about $5.57
Do me a favour---stop with the insults, or I will report you.