FALSE Tequila! Only a person that doesn't know what they are looking at and what the information is telling them from the chart would make a comment like that!
I will only buy when a stock is oversold and the Relative Strength Index is on the rise. Another important technical indicator is the MACD and Accumulation/Distribution. I am waiting for Accumulation to start taking place with Mydx before I buy more shares. Once I see that happening, the other important indicators also begin to improve and I use those indicators EVERY single time before I hit the "buy" button.
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