InvestorsHub Logo
Followers 59
Posts 7966
Boards Moderated 1
Alias Born 01/23/2008

Re: lolabean post# 3754

Tuesday, 02/26/2019 10:44:59 AM

Tuesday, February 26, 2019 10:44:59 AM

Post# of 5495
Also tell me you can't analyze this chart. While it is seldomly traded there is still a market to be made regardless of how often the stock trades.

There has been a pretty clear trend even if its not noticeable on the lower time frames. However move to a long term monthly, or weekly time frame you can see the price tests, and can formulate a trading plan based on that going forward from previous price history.

I would look to possibly unload a few shares at the high priced trendline pointing lower as a resistance test. If it breaks that then ill have to rely on other methods to determine a strategy.

See this monthly chart dating back to early/mid 2000's.

https://dawgtrading.com/images/shared/bseg-190226.html