NEN 0.00% 22.0¢ neon capital ltd

Hi SB,You are thinking that all buyers/sellers/holders are...

  1. 1,298 Posts.
    Hi SB,

    You are thinking that all buyers/sellers/holders are getting involved due to the up & coming announcement, but you would be wrong.

    Only FA investors/traders are interested in any announcement, TA traders are in it purely based on what the charts tell them, many have no idea & do not even care for the name of the company or what it does business in, they only know the stock code & how the charts look. Then they buy until the chart changes & based on the change of the chart they either hold or sell. They have zero interest in any announcement good or bad, conditional buys & sells can protect them from any FA changes without them wasting time following the daily changes of every stocks activities & the details.

    Cheers
 
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