MGT 2.00% 24.5¢ magnetite mines limited.

MGT Chart 2021, page-252

  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756

    I'm drunk.... the bloke that you are praising for TA, is basing his target on Bollinger Bands now...confused.png (A lagging Volatility indicator) this doesn't speak for trend or momentum... Also i have never given misinformation as i have always given all the info both good/bad and simply provided my opinion.

    Secondly if we want to talk about information posted to suit agenda... @BlackSteel clearly states in that post, that BB's are expanding...They are not... You can see below they have curled and contracted as we have seen SP flatten out, which might i add is an indication of lesser volatility (also reflected in recent price action). Everything you have accused LT holders of doing you just praised BS for doing...
    https://hotcopper.com.au/data/attachments/3157/3157836-4860c5711bbaef00053384eb89640708.jpg
    TA is not 1 indicator let alone 1 lagging indicator; it is a combination of many indicators and should be combined with other forms of analysis(Price, Fundamental, Quantitative, Qualitative analysis etc).
    As a LT holder that posts TA on these threads, I dont appreciate the accusations especially considering my track record for TA (from 0.005c) has been pretty consistent.
    Please DYOR and be more mindful of what you post in the future.
    Last edited by BullishTrends: 07/05/21
 
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