EDE 0.00% 0.2¢ eden innovations ltd

Relative value trading., page-2

  1. 9,781 Posts.
    lightbulb Created with Sketch. 3485
    for those who dont understand the pullback - its very simple - when stocks go parabolic hey always have pullbacks - typically inline with fibonacci rations - 38.2% being the most common variety

    50m-280m mkt cap has happened exceptionally quickly for ede - hence the pull back and likely a short consolidation

    but its flown because its a velcro strap style solution- potentially sold everywhere globally to add value to a product already in universal acceptance.

    be a mistake to let some technical trading throw you off imo
 
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