Thursday, October 28, 2021 8:46:19 PM
I’m also confused by your hatred for charts. Charts are only measurements of price action. People’s feelings about TONR are reflected in price action. Therefore charts measure how people feel about TONR. It’s all connected. To say that a chart doesn’t show you key support and resistance lines…and doesn’t give you an idea of where most people own the stock, that’s just wrong. That’s the entire point of a volume weighted average price from a certain date. Those charts are the most important thing I look at every day to try and make money. Without them, I’d have no clue where supports are. Today was a perfect example. People didn’t sell because of the chart. The chart just told you that once they did sell there, it was going down..and probably quickly…to the next support. And now that 01 to 011 area will be a decent resistance. Doesn’t mean it won’t bust through with a catalyst.
I’ve been doing this a long time too. Every weekday, all trading day. TONR is no different than any of these other OTC pieces of crap. It will probably bounce but you and I both know eventually it will all be a bunch of nothing and head back to trips before it’s reverse split. Rinse and repeat
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