Aurora Acquisition Corp (AURC)

[Ruellit]

Watch out for Technical analysis bullcrap like this

Sorry I guess I should have included a link to John Murphy's Chart school so here ya go. http://stockcharts.com/education/ChartAnalysis/fallingWedge.html

By your method - if you connect top of Jan.18 to today, you have a BEARISH wedge...gimme a break...

Again, it's not my method, it's Murphy's!


You cannot make BS patterns by connecting 2 points at their extremes...I_like_bb does it all the time - but he has his own board, so he can. Plus the flawed method does find him some winners.
THERE IS NO falling wedge here..

I'm trying real hard here to keep this from getting personal, but I've known i_like_bb_stocks for close to six years and he could tell you a little bit about me if you would care to ask.

This chart is way too young to see any wedges, patterns etc.
All we have is a string of positive days and buying volume >>> selling volume. This, and the lack of any real resistance, is what is the only technical statement that can be said about AURC.

This is a valid point, the history here is really too short to put too much validity to the chart. But had you read the bottom of my post you would see that there really is a stock pattern called "Falling Wedge".


Technically, this is a HIGH RISK play, though a very tantalizing one. And I have placed my bet on a big run, recognizing the risk, and not going on BS technicals.

Can you show me a Pinksheet stock that isn't a High Risk? As for the BS technicals, if you have never used a slide rule then all it is, is a wierd ruler!

Have a great weekend bud!