InvestorsHub Logo
Followers 148
Posts 7871
Boards Moderated 2
Alias Born 03/15/2002

Re: BillTheTrader post# 11921

Wednesday, 08/14/2019 10:22:01 AM

Wednesday, August 14, 2019 10:22:01 AM

Post# of 64221
I hate going to other stock boards and bringing bad news, but some people keep announcing that this stock is in good shape. The reality is that the charts indicate that the stock will continue to go down at least to the 50dma. I posted this earlier and was told I was wrong. I am not.

The thing about charts is that they are not perfect, or everyone would figure out how to use em. The other problem is that people claim to have mastered charting, when they either have no clue or are lying about what they indicate. There are 3 different types of information that the charts provide. Here, all three indicators are suggesting that the stock will continue downward.

I am not trading this stock, but if I were, I would look to see if the 50dma holds. If it does, there is a great chance for a short term nice movement upward. If it doesn't hold, there really are no strong supports - meaning that you may just see .0011, followed by sideways trading before moving up.

Good luck here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TSOI News