I am not arguing with anybody. I simply asked a question on this forum. The question again, is:
"is it valid to apply chart analysis whilst ignoring a dilutive share placement which, (using FKP as an example), tripled the amount of shares on issue".
A reasonable question IMO given the number of SPPs going on at the moment. And totally within the spirit of what HC is about - promote healthy discussion and enrich member's knowledge base. I was hoping to get an answer from a reputable chartist(s).
So far I have not heard anything that could be considered a substantiated response. No one is obliged to write if they have nothing valuable to say. And personal experiences whether it is gain or loss on a particular trade are hardly an answer.
FKP Price at posting:
44.1¢ Sentiment: None Disclosure: Not Held