Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project... see more

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TSX:NVO - Post Discussion

Novo Resources Corp > TECHNICAL ANALYSIS - DEFINITION

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Post by ronreagan on Jun 08, 2021 5:55pm

TECHNICAL ANALYSIS - DEFINITION

John J Murphy, who wrote the TEXTBOOK on technical analusis, defines TA, as follows:

"Technical analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends."

[emphasis supplied by me]

Mr. Murphy wrote the book on the matter and was CNBC's technical analysis expert for years.

But Old Fox knows better? Don't think so.

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Comment by oldfx1 on Jun 08, 2021 9:14pm

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Comment by ronreagan on Jun 08, 2021 9:21pm

Well, numb-nuts, can you possibly conjure up JUST ONCE the future price trend of Novo for me? JUST ONCE? Something tells me another TA would. But YOU? No dice.

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Comment by oldfx1 on Jun 08, 2021 9:34pm

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Comment by ronreagan on Jun 08, 2021 10:06pm

So, you don't do TA on Novo anymore. Well, well, well. I guess that's that. Seems like a good TA can and will chart up anything at any time., becasue he has confidence in his abilities. Period. But no, not you. You scaid.

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