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05/11/14
14:48
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Originally posted by Kikker1959
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I respect the work that you do with this regarding technical analysis. My humble opinion is that the smaller the company is the more useless this analysis becomes. Yes trade BHP, RIO or other large caps I believe these technical signals are very valid. But I ask you shown me a technical analysis in the past for a small cap that came true. With YOW and other small boys, one announcement, like an other 1 tier client, or opening up in the UK etc. will get the price to rise. No tech analysis will predict this or guide against it IMO
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Agree. Small caps are too volatile for any chart analysis. A positive or negative announcement will change things dramatically.