CQT 0.00% 51.5¢ conquest mining limited

re: a time to buy spoil my day hardlyyou guys who use your...

  1. 1,220 Posts.
    re: a time to buy spoil my day hardly

    you guys who use your technicals on your spec stocks sometimes need to rethink your anlaysis

    its amazing how you change your mind if someone were to buy 100,000 now to 29c and it xrosses over your moving averages blah blah ..etc....

    i agree that using technicals is good for blue chips and the broader market but not on small cap stocks

    with small volumes and spreads on the bid n offer surely if someone sold 5,000 sahres and it moved 1 or 2 price steps and it crossed your moving average doesnt create a sell signal

    technicals only work with volume - not without

    dont fool yourself with textbook and sunday workshop theory on technicals - its not that cut n dry
 
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