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Re: DOLPHY post# 14237

Wednesday, 06/28/2017 12:52:57 AM

Wednesday, June 28, 2017 12:52:57 AM

Post# of 50157
Hey Dolphy,

Its pretty cool that you ask some valid questions, stupid? Nah.

In regards to the trend and barcharts.

After proper analysis using the website, the poster meant that the current trend (up) has a 56% Buy rating based on the current technical indicators and that the rating should increase "get stronger" in the short term based on the technical analysis figures.

Apparently Barchart indicates a weaker (upper trend) in the long term investment, 56% is barely above half of the scale to become neutral, that is probably why.

I would not call it that the stock would go down, I would say it may have a lesser uptrend, Implying not as much upward movement as compared to the current trend.

Just keep in mind, website algorhythms only play a part on the trading market if any part at all. If one thousand new extra traders decide to buy DCTH tomorrow, that 56% rating no longer applies.

Wise
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