Opps... egg on face after that post i'm afraid !!
"This is why you have an advantage being able to read a chart you would know, it was fully overbought at every time frame "
Every time frame except the daily and the weekly....d'oh . Disadvantage big time if you're really only guessing or "jawboning" to manipulate the hc duffers to sell alongside.
Might seem like a lifetime ago to some, but that was only Monday morning.
If only you had seen the charts posted on Sunday night
https://hotcopper.com.au/posts/48724033/single
Please people if you are in this as an investor for the long haul to maximise your return , tune out when posters can't justify their "overbought to the max" type calls with legit charts or competent use of tech indicators ... you will get some irresistible urge to sell and lose out on stellar gains like today.
ps. I actually replied to that post about the " confused by sub holder notice" and got no response. Would have gladly expanded the discussion. Could have helped you, pure charting ignores all outside info , purely examines the price history and tech indicators applied to those movements. All fundamdntals, macro, micro news does not enter the chart analysis.
Charting Only., page-2357
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