Just a comment in general on T/A - To quote an old cliché the trend is your friend.
Personally after 20 years on hot copper and making all the mistakes - if there is one piece of advice that I can give you and that is bottom fishing is a zero sum game.
Look for stocks that have turned to uptrends or are in uptrends then use patterns to time entries and exits - for me patterns are not relevant on a stock like BET that just keep making lower lows and busting through supports -
I wouldn't even have this stock on my T/A radar at this point in time So there is the conundrum I don't know shit about its fundamentals so if you think its trading well below intrinsic value you could buy it with average down or dollar cost weekly adds
But you tagged me about T/A and on T/A I think you are wasting your time looking at this stock ! it looks shot to me.
Cheers Ian
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