MEL 20.0% 0.4¢ metgasco ltd

Funky, sometimes you need not to worry about Technical Analysis...

  1. 1,504 Posts.
    Funky, sometimes you need not to worry about Technical Analysis and this is one of those times. Techincal Analysis can not show the implications of the ESG/STO deal. People aren't going to be looking at their charts tomorrow they will be hitting the buy button regardless of their technical analysis.

    This is just my view but I think Technical analysis is irrelevant for the CSG sector as there are announcememts, rumors, news and consolidation that greatly affects MOST CSG companies.
 
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