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duke27

05/06/05 12:48 PM

#15831 RE: photomanrb #15829

Good point, pennies do trade a bit erratic to use standard indicators.
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surfvenice

05/06/05 9:45 PM

#15911 RE: photomanrb #15829

Photmanrb, I humbly disagree... one investor's anectode: the reason I found this stock was the potent technical pattern it was in... I'm no candlestick expert, but it is what I use to base my decisions on buying and selling... I read the boards and then run the charts... when I saw NEOM's chart I stopped cold and said what's this? I got in in the beginning of April... right before the break out. (Also did this with ALMI at .22) What technicals did I reference? For me it was A) the pattern, and B) the volume... I'm a filmmaker, so I look at the charts as a story... each day is a chapter in the big story of NEOM... in each chapter there's volume and a candlestick... then I draw the lines finding the pattern - then redraw when appropriate to help me understand the story... combined with trying to read up as much as I can about the company... and fwiw, I normally would have moved on and sold last week... but this company thanks to the posters on this board stopped me stone cold... FWIW, just my opinion...