I agree with a lot of that. And I like your analogy:
It's like there's a sky full of red while there's a volcano exploding nearby and consulting a clock first to determine if there's something going on before looking to the volcano. These events are far more influential than a no-news period on such a company.
Perhaps you'd agree that it cuts both ways - here are three volcanos that still managed to surprise a lot of people. If you stuck to a widely accepted sell signal to do so when price broke below that 30week ema you'd have negated a lot of stress over the past few 10 weeks and maybe come back and doubled your position from that initial investment. Just an idea that a trend following approach gives.
I really don't want to come across as trying to say one approach is better than the other - we're all individuals and see things differently etc, and I've made my feelings apparent elsewhere around peoples reactions to ideas that go contrary to their own.
I agree with a lot of the fundamental analysis that people put the time into explaining and really appreciate the effort. It's not an easy pursuit this game and there's a lot on the line - I hope that everyone realizes success from the risks they take.
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$2.43 |
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Mkt cap ! $458.7M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 11837 | $2.43 |
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Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11837 | 2.430 |
1 | 2561 | 2.420 |
32 | 41944 | 2.410 |
4 | 55619 | 2.400 |
4 | 9144 | 2.390 |
Price($) | Vol. | No. |
---|---|---|
2.450 | 25000 | 1 |
2.470 | 8046 | 1 |
2.480 | 2000 | 1 |
2.490 | 10926 | 4 |
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