Just one question, did your tech analysis, that caused you to buy MRE, also dictate the timing of your sale?
My enduring concern is that the tech analysts are in danger of raising their interpretation of the charts to the status of a science.
So many are now using it to set "stop loss" points that it can become a self-fulfilling prophecy that triggers a landslide of selling.
But then again, as tradies would say, a landslide of selling opens up so many opportunities to buy.
(Sir) Lunchalot, KGCA Knight Glutton Commonwealth of Australia
Caveat: Do not trade shares on the flimsy postings of Lunchalot who is not an investment adviser and is so poor that he recently observed a church mouse sneering at him. Besides, he's often wrong, even when sober.
MRE Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Held
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