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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > can anyone explain why are we stuck at the .21 range?
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Post by Humanist on Jun 16, 2020 9:49am

can anyone explain why are we stuck at the .21 range?

i thought we should be at .25 at least by now since the bd closing ???
any knowledgeable TA person on here could shed some light .. thx & glta
Comment by Pumper4Life on Jun 16, 2020 9:54am
+0.25 is coming, we have accumulation + lots of volume
Comment by Humanist on Jun 16, 2020 11:35am
thx pumper i hope you're right as it doesnt make sense usually it starts to climb after bd closing,  glta
Comment by Bangada on Jun 16, 2020 7:33pm
It makes sense dude. TA is BS, no products / revenue, a lot of shorts and a ton of risk. its just a coin flip if we raise or not. its all about time.
Comment by Mymoneyisyourmo on Jun 17, 2020 1:24am
TA is BS? I guess you don't understand simple TS then. Many investors will buy when a stock returns to a low, or returns under a moving average. Many investors will buy when a reverse head and shoulders pattern develops which normally signals a bounce off a recent low and directly points to a trend reversal. Volume increases, shorts decreasing, overall market sentiment..etc. All of which is ...more  
Comment by Bangada on Jun 17, 2020 12:18pm
Yes TA is BS. Please give me a study which indicates TA yielding higher returns than conventional DD. That would blow my mind. Not sure what the lower part of your comment is about. Im here bc of DD and not BS TA. 
Comment by MakeMoney7777 on Jun 17, 2020 9:48pm
Lol
Comment by Positivelive1 on Jun 17, 2020 8:46am
Why are we stuck at .21 range? It's called accumulation by the big boys! Wait until they get their fill!
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