Replies to post #98008 on Cytodyn Inc (CYDY)

[hopester]

Trends are used in Long Term investing. Long term trends are indicative of direction. Short term trends as well as indicators are better suited for traders.
But the trend and indicators assist in both.

[Hookmeistr]

If I were a trader of this stock the charts would be useful between expected news dates. News remakes the chart each time. Biotechs at this stage like CYDY trade like earnings report time. Nobody knows what the earnings will be but if you are in it for the long haul it does not matter unless a catastrophic news item breaks the investment thesis.

Use your charts to trade but not to invest - especially in biotechs at this stage in the game.

Great post, well stated and excellent advice.

[Venture_Cap]

Spot on!