Encounter Development Technologies Inc. (ENTI)

[Nolander]

first off, they are using reversal indicators, and no other factors in making directional calls. Statistically, they were right on their last call only by a hair, in fact the last call was a buy which confirmed, then we moved lower. it was only because of the rally we had that made the call correct. Right after they confirmed they went to an immediate Sell-IF. Also they use the benchmark price as the pivot, making the profit deceiving because you would not be able to get in at the benchmark upon confirmation. Candlestick reversal indicators are at best something to consider if you are playing short term, and then only one factor in a set of indicators you would use.