22nd Century Group Inc (XXII)

[brooklyn13]

While this is somewhat interesting (no one I know of has made a fortune in the stock market using technical analysis), it also seems a way to sell low and buy high. You are continuously selling prematurely (in theory) then having to chase and re-buy at a higher price. Mostly it's backward looking, interesting footnotes to the action, but you'll never be able to do much more with it than day trade or scalp a few points here and there.

Thanks for your efforts, though, it is interesting, sort of like the color commentators on sports telecasts, I just don't think actionable. You need to compare your theoretical gains, minus commissions, with those of someone who just bought and held during the same timeframe to have a context for your conclusions.