I just don't see any value in a destroyed stock chart like
NHE
Up today on NO news
Tells me someone spruiked it in a ** or other socials
Hotcopper are the only interested parties.
Meaning someone got the lows and are desperate at trying to cash out
If anyone read their last Quarterly, only a fool willing to lose money would bet something on it
Not sure what is world class about a company that burnt through $14M of raised funds,
Only to ask the markets for another placement in coming days
What was I meant to like? No offence
Chart into resistance levels on a consolidated base.
Even a T/A entry screams caution so, all reasons indicate zero CheekyCharm interest to ever say "yes Hotcopper, I agree with this one"
All the best
@Key Sole, if this was any other stock that had this bad pattern you would actually downramp it yourself and do a fine job warning us all on the risk,.....at times you trap yourself in the very stocks you downramp, buying similar things etc
Just my observation is all! To each their own and I am sure others observe a lot about me which is fine too
