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Friday, January 12, 2024 12:00:23 AM
What is hilarious is that you're objectively wrong, as I linked to him correctly predicting the top and recommending that people sell.
All he (and others like him) are doing is quoting support and resistance levels, directly from a simple chart.
The fact that a handful of simpletons, ooohhhh and aaawww over his ability to identify a channel is shocking to me.
Why do a few knuckleheads drool all over him like he is some kind of magician?
The fact that GVSI looks a little "toppy" around .02 and a little bouncy around .01 right now, should be obvious.
The problem and the point here should be simple to grasp.
Stocks can break down or break out of their channels at any time for any reason.
Which is why none of these guys will actually simply state when they actually buy or sell.
If they brag about buying .01, and the channel breaks down and it drops to .007, their fragile egos get bruised.
If they brag about selling .02 and it breaks out to .05, they look silly as well.
They know it and is why they won't actually commit to any actual public comments on real time buys and sells.
Funny stuff.
IMO and FWIW.
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