NST 0.85% $17.58 northern star resources ltd

TA - NST, page-65

  1. 366 Posts.
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    I suppose the TA fans and chicken gizzard readers foresaw all this coming and Trumps bombs, North Korea etc. and bought up big accordingly.
    Hopefully these fundamental events coincided with a buy signal in their historical charts that predict the future.
    I will say this in their favour though, there are so many devotees to the TA religion that their predictions are self fulfilling to a degree in that if enough of them agree it's a good time to buy/sell they do so thus influencing the price.
    Mind you, when a major fundamental (not predicted by the charts) event occurs it tends to override the TA, IMHO.
    The purveyors of this religion make $ selling their analasyis to the flock. I have a problem though when bulls and bears of the same commodity both quote the same charts (but draw their lines at different places) and/or produce a chart covering a different time scale that "prove" their opposite points of view. How can a non-believer like myself be converted when the high priests of this religion can't agree?
 
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