PM8 0.00% $1.66 pensana plc

PM8 Chart., page-98

  1. 3,688 Posts.
    lightbulb Created with Sketch. 1928
    I am not being critical of you per se, Charting as a tool to analyze the past performance is a valid and useful too.
    l
    What I do find questionable is the idea that tomorrow's price needs to conform to last weeks trajectory ie Gaps have to be filled !
    When too many people subscribe to that theory," Heard Mentality / Sentiment" becomes negative and Day traders fail to take into consideration a Companies "Fundamentals" and future potential, resulting in unnecessary and damaging downward pressure to the SP.

    The SP of any Company should reflect its potential to generate Value, NOT its ability to produce a seamless line on a Chart.

    Keep up the good work, it is nice to see where we once were, If you then add projections that take into account upcoming Anns' you will be a Hero !
 
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