SLR 0.00% $1.57 silver lake resources limited

Charts are a very useful tool and should not be ignored, but you...

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    Charts are a very useful tool and should not be ignored, but you must keep in mind that markets are manipulated and so too charts.
    From a long term perspective, fundamentals are always far more important and are not subject to manipulation.
    I have seen plenty of charts break support or resistance, only to reverse and move rapidly in the other direction.
    It's a common practice these days to manipulte charts.
    I always ignore a break over a short period of time if the fundamentals are telling me a different story.
    I reassess if the chart action continues in the direction of the break.
 
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