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Replies to #46250 on lowtrade

lowtrade

07/30/18 4:01 PM

#46265 RE: la_trader #46250

algos came in and bought it up, retail got on board, and it ran to 190. nuts. that is some crooked shet- cant chart that. lol




Actually charts do represent that. That's why I trade TA & Charts, not news & fundamentals, so much.

You see a chart takes into account every variable to the price action. Institutional reaction to news & fundies, Retail sentiment, ETF drag or back wind to direction and algos pops or dives. All these things have effected the historical chart. So the chart you see, is projecting future. Based on everything which effected price movement in the past.


TA & charting is reliable no matter the big board stock, sector, or industry.