Fuse Science Inc (DROP)

[Aksys]

Yes, the fact that you aren't sure is quite evident.

I don't really appreciate the "delusion" comment -- from my point of view, this type of comment should be directed towards those who vehemently resist using charts. An investor who doesn't know how to use them is like an athlete who doesn't know how to train properly -- you'll never be as successful as those who do.

The bottom line is that .20 was major support, and it bounced off that level despite massive shorting. If you looked at the charts you would have known to load up down there. How is this "irrelevant"?

Also, a short-term downtrend appeared to be broken on May 25th and was confirmed 100% on May 29th. This meant that, at worst, we would be moving sideways near-term. Was that wrong?

Relying purely on news/product release/etc just isn't enough, because in that case you would have absolutely no idea what levels to look at -- you might see a nice pop on news, and decide to get in on the action... but, then it starts dropping, because you bought right at a resistance level when you should have waited to see if it could break through. Or, better yet, the charts may have told you to buy before it even got to resistance in the first place. I've seen it time and time again, even in pinks.

In short: The charts predicted the move we're seeing now -- they simply give you the ability to more accurately gauge where to get in, and where to get out. Refusing knowledge that will allow you to make more money is something that is hard to understand.