large after auction buy just now... , page-8

re: large after auction buy (aramalap2)... aramalap2 - any serious chartist on this forum will tell you that ION was a potentially dead duck as soon as it broke down and closed below its very strong $1 support - no one can predict a company is going to suddenly announce administration, but ION was a clear stay away zone as soon as it smashed through a million $1 buyers as if they weren't there, about a week ago, and then proceeded to stay clear of this former support line. I was charting and trading ION before it drove down through into this technical stay away zone. There's alot to TA that is not worth explaining here, but the fact is it works . Anyway, at the end of the day trading its about making money - there are different ways of doing it - yours and mine just arn't the same. All the best with your fundamental approach. cheers.