RE:RE:RE:RE:RE:RE:RE:Optimism by Poirier at DesjardinsNot to worry.
I understand. I don't have the time today I'm just too busy.
Letsmakemoredol wrote: BBDB859, I don't think there is a perfect one size fits all answer hence why I like to look to valuation from as many different angles as I can, technicals are also just one aspect of that. I will say its extremely difficult to trade BBD from a technical perspective mainly because the average volume is so low. I do use long term trends, the biggest one for me being the daily 50 MA crossing above the 200 MA which happened on April 5th when the SP was ~$58.
I am really not sure what I am going to be able to teach you on RSI and BB this morning, nor is it a one size fits all. As I said a few days ago, and you agreed, we are in for some consolidation for a bit. Some people are really good at technical analysis, I am not one of them, to me its a one of many tools I use. I've seen people post about double tops and head and shoulders in the past few months, both were wrong. I do think the days of the SP being controlled is ending.
All I know is at some point I am going to get off this bus, its not for awhile, as in over 1 year. I am very confident 2025 will be the year of the Bomber