Wednesday, September 09, 2020 2:23:16 PM
Technical analysis doesn't work for most people, that's true. I'm averaging 40% returns every month this year (but generally average about 26% returns every month long term), based on technical indicators. Can't be too greedy, including here in GRNH.
Again, look at the financials of penny stock runners on any given day and most have horrible financial numbers. Thus, verifies penny stocks like GRNH have plenty of potential to run and financials are usually irrelevant.
Easy to say any penny stock will go down over the long term. Most do in the penny stock market. But most, like GRNH, have profitable runs here and there, for some traders who buy and sell at the right times.
ps - charts often predict catalysts. But only the best technical analysts can see them. Not saying I'm one of them, but I know a few excellent traders who are great at finding them.
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