You sound like someone who doesn't know how to read charts. The...

  1. 586 Posts.
    lightbulb Created with Sketch. 234
    You sound like someone who doesn't know how to read charts. The post you reference are people who don't know how to read charts, upthrusts (candle wicks) pretty much signalled a reversal of the trend into a downtrend. These people are just trying to pump their position, just basic sentiment during euphoria.

    It's not a perfect science but there are patterns which yield a high probability of upside moves. Doesn't hurt to learn these whether you're a trader or investor, you can buy on the true lows and avoid the highs.

    @iminvestor101 don't agree calling charts voodoo but I agree that the bottom looks in with a reversal close. FinEx who were the IPO placement sellers were the main buyers in the 55c-60c last two weeks. If the main seller all the way down starts buying, this is a pretty strong sign for the move back up.

    Good luck all.


 
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Last
1.2¢
Change
0.001(4.55%)
Mkt cap ! $2.485M
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1.1¢ 1.3¢ 1.1¢ $58.73K 4.801M

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15 4573290 1.1¢
 

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Price($) Vol. No.
1.2¢ 133568 3
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