InvestorsHub Logo
Followers 3
Posts 342
Boards Moderated 0
Alias Born 05/24/2011

Re: moneymagnet1 post# 68947

Tuesday, 09/27/2011 1:18:21 PM

Tuesday, September 27, 2011 1:18:21 PM

Post# of 118202
In my experience bar chart will say strong buy right before stock goes down.

I think the reason it usually fails is that it only gives stocks a strong buy signal once they have already gone up, and with penny stocks nothing keeps going up forever.

Penny stocks may just be too volatile for Barchart IMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.