That is a investment indicator for long term expectations, at the big boards only, more then short term. And NEVER use it on the OTC !!! There are NO long term investors on the OTC, other then bag holders stuck, too late to get out.
This statement gets me back to my charting and indicators or sentiment and psychology post. There is no long term INVESTOR sentiment. Because the companies are start ups, with zero fundamentals to evaluate, for investment. The only longs at the OTC are retail herders singing long & strong, too the moon, based on short term price action emotion, not company value or performance growth possibilities.
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