Replies to post #14499 on Liquidmetal Technologies Inc (LQMT)

[Seminole Red]

hoodoo magic....lol...how right you are...to many variables in stocks today...good news they go down, bad news they go up and vice -versa...

ya just never know

[Jimmy777]

Charts & Technical Analysis Is Useless Regarding LQMT


The problem with charts etc is they are backwards looking, and investing is forward looking.

In a cyclical stock like utilities where the stock runs in channels, sure, maybe but with a news stock like Liquidmetal they do not help to predict the future stock price.

[budmgd]

You are correct in many of your points. In fact in pennyland TA really is not all that helpful in predicting stock price. Usually this is because the only thing that moves these stocks is news and/or rumors and one never knows when those are coming. The one thing about TA I do find very helpful here are support and resistance levels. For instance if I can see that LQMT is in a gradual decline, I may look to the next support level (say .265) to add shares to my position. I am sure most here already know all this, but I thought I would respond to your post anyway. Good day.