CVI 0.00% 0.3¢ cvi energy corporation limited

credibility, page-75

  1. 3,715 Posts.
    T4P

    Imagine that...a "ridiculous tool" prepared 8 months ago, that picked the 13.5c turn this week.

    ***

    I find it interesting people suggest I bring this out to push the stock up...las time I did (about a week ago), it was clearly suggesting 13.5c was the next likely target.

    The stock was about 18.5c at the time.


    Hi T4P,

    What is it that gives the likely target from 18.5 -> 13.5, but makes 13.5 a turn point rather than trading through your node down to 9 cents?

    Is that the analysis side to discern what happens at these points (ie. looking at other charting tools and results)?

    I just can't see much difference looking at the chart that would allow me to justifiably differentiate the information on the chart to say it was likely heading down to 13.5 from 18.5, however that 13.5 is a bounce point rather than it continuing down?

    As I said, I guess this can only come down to analysis of the broader information rather than just a bar graph on the template...

    Cheers
 
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