Good chartists see many potential directions and settle for one or two right. Great fun huh?
Sometimes 95% of the energy i put into charting is the anticipation and build-up of around 10 possible likey outcomes... Then tomorrow becomes today and its all weighed up and the patterns are read...Simultaneously, a nuclear reality disintegrates that 95% to mythological dust... and the 5% insight i had walks out of the smoke to shake my hand.
With ESI at the moment, i just see the reality of it going higher over long term and so that is my investment. I think it has a minimal risk long term and i do mean that. I enjoy watching it on the charts because its dynamic and challenging to put T/A skills to the test - you may read me putting in my 95% sometimes.
I am more inclined to stepwork my investing based on the fundamentals, meetings, announcements and discussions with company officials than to go by charts - but the charts are so beckoning.....
Good Luck with your assessments and investing eMark. Are you long or short term investing in ESI?
Lutrec
ESI Price at posting:
6.8¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)