CRS 3.70% 2.8¢ caprice resources ltd

crs, page-36

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    re: fake selling Correct. The trouble is that this fact was just the same (if not worse) when CRS touched 98c, and all he way up as gold visited $390.

    imo this is the problem with fundamentals. You can selectively pick the bits you need to support whatever it is at any given time that you need to prop up whatever story you are trying to convince yourself of.

    Here's a fact though. When CRS briefly touched 68c today orders for nearly 1 million shares appeared out of thin air. Fact.

    Is 68c important for any other reason tha a fibonacci retrace? Who knows, but it in my opinion its as good as any other reason to be a buy signal and if CRS keeps dropping below that to my stop loss I will sell again. Fact.
    Much easier than dealing with all the fear/greed rubbish and its supporting 'facts'.

    Cheers,
 
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