If you're implying that I'm a paid poster your're wrong. Nobody pays me for speaking what I believe to be true. And T/A is a widely followed and employed tool. Simply because of that, whether you assume it's voodoo or not, it is being used every day and thus must be paid attention to.
As to your conspiracy theory, that what it is.... a theory. It serves to provide certain mindsets with excuses for trading behavior they don't want to acknowledge.
I will always tell what I interpret to be true and I'm not influenced by one side or the other. And no one pays me for my opinion. To infer otherwise is disengenuous.
I do believe ( no matter what was said earlier) that a R/S will happen at some point. It just makes to much sense. 500 mil + shares and more on it's way, won't move the needle even with good earnings. Moreover if they deliver the goods, it will invite many institutions into the picture and improve share price. Of course if they R/S and they don't deliver it'll not be helpful at all.
I know T/A doesn't sit well with the group thinkers. It falls out of their scientific talk as they continue to re-inforce each other wit it. Since it has nothing to do with scientific analysis and the market doesn't care, the groupies can't intelligently converse about it. They fear it rather than embrace it. But they can't control it. And that's what makes all these attacks on it come to pass.
Sorry to say, I'll continue to express my Technical views and for those who find it helpful I'm grateful to do so. For those who choose to criticize it as a useless tool than ignore it.
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