TOX tox free solutions limited

not one post today on tox/hit 10c, page-62

  1. 5,784 Posts.
    re: *charting and ignorance* good post jam - both are needed. There is nothing as sweet as a stock stuck in a trading range and out comes the 6 month report and it is a cracker with forecasts of more to come - and the stock breaks to new highs on volume.

    Then on the other side of the coin - volume and TA can lead one to the situation where the financials have not yet been reported as turned around but the TA makes a person look and you might find a significant announcement that will later result in a financial turn - eg MRL recently selling off their discount chains and writing off as losses - won't show up in the financial reports in a positive way for at least a number of months - but TA leads one to the announcement and the potential significance of.

    Works the other way for selling - profit warning and stay away, however a nice retrace to a 26 week ema with no reason for it on a company with management that you trust can be a nice top up point when the trend continues.

    Lot's of strategies - as long as one follows a reasonable one with trading rules and discipline they will likely make money.
 
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