General discussion inc SP movement, page-299

I'm glad to hear you are doing so well.

I know you have no interest in what I am saying but for the record I don't have a "charts don't work file" as I said they are great for traders who track sentiment over very short periods and can get in and out in 10 minutes and definitely don't stay in over night.

They don't work for medium and long term investors with big holdings who can't get out in a hurry.

They have to wait for management to get the job done and deliver the profits to see the potential share price and volume they have punted on.

Your PSC example is a great example of how a rising share price can fall like a stone.

On the 17th of June 2022 PSC announced a 17c dividend and a 77c capital return with an ex date of the 21st July.

Those focused on the charts would only have seen the price rise from 97c on the 17th June to $1.01 on 22nd of July.

The charts gave no indication that it was about to drop from $1.01 to 8c.