Replies to post #3344 on Victory Marine Holdings Corp (VMHG)

[PennyStaIker]

This is a great resource, thanks for sharing :-)

[Team S4]

I never believed in TA with these type of positions because it rarely predicts properly the direction and or the share price target. VMHG and other OTC's are primarily news driven and when there is no news, it all depends on what the MM's and shorts decide to do. Maybe some big investor may suddenly decide to do some block selling or buying. Then all TA rules can be tossed out the window. No one can predict where VMHG will be trading on any particular future date. For example, at the end of March we could be trading in the $1's, $2's, $3's, $4's, or in the $10's???? It's very unpredictable.

Anyways, thanks for sharing the TA school rules with me. I will plan to attend TA charting after I hit big here. It may come in handy for NYSE and NASDAQ stocks. But not OTC.