Will admit, i'm not a veteran in pennies, used to trade mostly Nasdaq, NYSE. But i've been using T/A last few mos. to make decisions on trading, and in my situations it's been very useful and profitable. It's made me be patient and not get caught up in fake rallies. It's only a tool.
Not saying i'm using it with MLXO, this is more speculation with me.
Can definitely say if i used T/A when i first started buying pennies, i'd be much better off. I'm bagged in many after trying to avg. down when there was no hint of a turnaround. Just kept throwing money into bad investments.
Yeah, news will screw the chart up, but sometimes the news only provides a temporary rise or fall.
Maybe my engineering background makes me like T/A. Used to creating/interpreting charts to show performance.
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