Quote:
Originally Posted by crucifissio
a crucial battle is about to be fought...see that red line?...see the green line below showing dropping volume?...sell orders are tight as fuck...we may well see a domino effect...when the price goes well over the red line then I will enter again..until then, its a crapshot....
 |
TA is completely useless when dealing with a commodity/stock that is fueled completely by emotion and FOMO. Only works on solid revenue producing stocks that have intrinsic value.