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RedShoulder

12/31/21 12:57 AM

#341880 RE: 123tom #341871

Tom, the next SP move will be based on fundamental news, not predicted on charts. The move will be large based on the content of the news, and that will not be shown on charts.

I think charts work OK on some stocks, like the Dow and S&P where they have matured. But a baby biotech with zero earnings with trials in progress, it will be news on the trials, good or bad, that makes the big moves.

Once AVXL matures in the far future, charts will be more effective.