DMC 0.00% 30.0¢ design milk co limited

just about gone, page-8

  1. 1,877 Posts.
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    Bunni

    Agree with you that the chart is now negative. It was ranging between 1.3c and 1.6c for about 3 months this was quite positive at the time. T/A was indicating a breakout on the upside. After a modest announcement on the companies financials the sp broke out sharply to the downside. Correct analysis of the charts is now telling us to sell and sell quickly, there is no supply/demand below, MA's still declining and it's continually breaking new all time lows, we're doomed according to the charts. I say again don't rely on the charts re - INT !

    Now what is really interesting is you should have sold out on the negative break because of the strong negative signal from, as you say the highly relevant charts.
    You're saying you hold stock. What about the highly relevant chart ? You're saying one thing but doing another ! ! You should not be doubting the highly relevant chart !

    Get real mate.
 
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