Replies to post #63426 on CV Sciences Inc (CVSI)

[Dogger05]

If you’re looking at charts to pin point a specific price then you are using them wrong. Charts are used to predict price movement up or down. The price here is trending down and without any fundamental changes the trend will continue. Based on the chart I’m gonna guess the price will be down further on the date you specified.

[GE_Jim]

RE: If charts work: where will the price be on Friday the 3rd, next year?
So if I hear you right in order for charts to work in your world they would need to project what two people on going to buy/sell for as the last trade on fri. No, you’re right, charts are not going to work for you.
But I do understand, you are a stop’s guy. Question for you then is when will the MM’s take out all your stops and then bring the price right back up again?