BTA 0.00% 57.0¢ biota holdings limited

hh investor update refresher, page-38

  1. 22,593 Posts.
    jess,

    you miss the point of my post - I am simply trying to help out or even warn fellow posters or silent readers about some of the warning signs that a chart will give on a sick stock.

    If you understand the basics of TA one of the most simple rules to follow is if you are considering a buy MAKE sure that the stock is uptrending and that is done by observing it making higher highs and higher lows and as we all know BTA is doing the EXACT opposite.

    Also if you observe this simply rule from a day chart or even larger your mates the BOTS do not even come into contention, so I not sure why as longer term holders of this stock there is so much fuss all the time about the BOTS.

    Also here is a link to a website that will no doubt be very informative about this stock from a short to a long term point of view.


    http://www.tradingmarkets.com/.site/stocks/commentary/editorial/If-a-Stock-Keeps-Going-Higher-Should-You-Buy-It-or-Sell-It.cfm
 
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