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Re: Garden Rose post# 21935

Friday, 01/13/2017 10:53:45 AM

Friday, January 13, 2017 10:53:45 AM

Post# of 38634
Garden, how can you predict news and their valence, by the chart ?

If no news hit, then chart tend to follow traders action, based on technical analysis.

But news hit a new world starts and this is even more true with biotechs.

Just have a look at HTBX for istance: even looking at it in retrospective you can easily see that from the chart it was impossible to predict future action.
au contraire: at the end of november chart was screaming a very good news was about to hit...but then it was the opposite.

I could give you tens of examples.

Make your DD on this subject