Only person being disingenuous is you. Straw man argument; when did I say fundamentals were secondary to charts?
I use both, and FMG has a low enough P/E and Market Cap/assets to justify looking to trade a turnaround. But this is a CHART thread, so I'm talking about charts.
Do you understand that?
As I said, charts provide reference points and targets:
A breakout potentially goes to ~$20... a 100% profit.
A breakdown and I'm out with about a 3% loss on a speculative-size position. These are the trades you take.
All with minimal fuss and time investment. Certainly not going to be here banging on about it for months on end.
Not that I really care, but what was your short entry price and what are your targets / exit points?
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