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Re: FlyFishingStocks post# 425629

Saturday, 06/15/2024 3:45:34 PM

Saturday, June 15, 2024 3:45:34 PM

Post# of 429185
FFS, when you predicted the stock would/could go up all the way to $1.7 based on pure technicals, you also had a sell order at $0.8 to protect your investment in case the price breakers through the floor of the rising channels and falls below (again based on technicals). The risk vs reward was 1:22, if I remember correctly from your post. That was brilliant analysis.

Now the price is moving is in a falling channel. Similar to the previous case, based on the technicals, is there a price point which if the share prices crossed, would mean the stock shattered through the ceiling, ditching the falling channel and making its way to the rising channel. If so what is that price point? Would you yourself buy at that price point?
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