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ann888

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25/10/20

16:05

Post #: 48368035
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Originally posted by Veritas2000: ↑

To an extent I totally agree about the volatility within the healthcare sector, particularly, during the early stages and like any stock there are exceptions.

We did very well out of PME during its ascension from $6 to high $30's with a number of medium term trades and traded according to the relation with 20/50/200/200 SMA's. It was a beautiful chart and even during the dips it was great.

BUT that does not automatically mean it can be applied to all stocks - it was merely a pattern that fitted PME to a tee.

Paincheck (PCK) on the other had has been a nighmare. Very much early stages in its development and offered a few trades up to 30 cents and then has spiralled downwards since. The only stock we hold now and are in the red but hold as I will be using the app some day.

Bigmarn your input is always valued.

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