Cardinal Resources Inc fka CDNL

[lowtrade]

Hope you make large gains also.

Just another opinion

Most penny playing message boarders believes in the story potential. But I believe in the BIG GUY actions with OTC stock plays. Swing trading TA & Charts is relying that all involved with price action will react as seen in history over decades.

Runs run and retraces retrace when big money volumes are involved. Price stalls with little volume. Just a known fact. If one see's increasing volume in a run, history tells us the run should continue. When volume decreases in a run, history tells us runs will slow. When support or resistance lines are broken on increasing volume, continuation is expected. With weak volume, return to those lines are expected.

It doesn't really matter if this action is seen in a good companies stock or a bad companies stock. What is happening is human action and reaction, based on price direction and strength behind that direction. Whether one is a small guy, big guy; believed in potential or fundamentals. There are as many reasons for runs, retraces , and stalls to happen, as there are retail.

TA & charts project historical actions, Fundamentals and beliefs predict future actions. Since statistical projection are more reliable then future predictions. We often see good companies with bad stocks and bad companies with good stock. Because human actions are more reliable then human beliefs.

Bla Bla Bla; My point, you can want what you believe, but you get what actually happens.

The term long & strong is not logical, it's based on prediction. Swing trading in & out with action and reaction creates success, it's based on projection.

If your playing pennies to make money, one better learn the game. Because capital preservation is just as important to success as banking gain. You can always leave and re-enter on continuation. But you can't cause come backs, to come back. No matter what one believes/expects.

Here's why I expect a good future @ CDNL; I'd never hold for it, but will trade it, when it happens.

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