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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Fundementals don't lie, technicals do
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Post by ZouZS3 on Feb 18, 2021 7:43pm

Fundementals don't lie, technicals do

Every investor I know is either holding or buying more and none of them are worried. Traders that use only fundamentals may not trust technical analysis at all. The incorrect use of technical indicators often leads to losses. Technical analysis tries to capture market psychology and sentiment. Stay strong, buy more, be patient #TheWinningTeam
Comment by tamaracktop on Feb 18, 2021 11:55pm
Not going to take the bait there. Sorry ZouZS3, but I won't even address that, other than to say that I'd think the incorrect use of any market indicators would "often lead to losses". That was a nebulous statement if I ever saw one.
Comment by ZouZS3 on Feb 19, 2021 5:16am
not saying the method is bad nor that we can't use it profitably, it just requires lots of experience
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