Chartist, hmmmmm I don't recall stating that anyone did suggest anyone trade based on short term TA patterns. My observation was strictly tied to Pennyheaven's comments about TA as it relates to NEOM ONLY, not TA in general. My thoughts were that no TA, no matter how good, can predict a blockbuster announcement. It may come during a period of strength (esp. if it is leaked and causes new money to come in) or during a period of weakness like we have in between PR's. I have seen some posters here who do in fact load up and unload based on trying to time the short term price movements. I've made my investment and am not going to chance missing the rise when it comes. I've made that mistake once with Network Solutions, one I will never make again.
You seem offended somehow at my post, but I'm having trouble understanding why. I thought I stated that those that post charts DO HELP make sense of the movement (i.e. health) in the share price. And I firmly believe that outside of the OTC.BB realm in more mature and "predictable" stocks, TA is an invaluable tool. However, last time I checked I thought we were talking about NEOM here.
Wait, I've figured it out, you're already stressing about the Longhorn victory at the Rose Bowl this year.
No offense intended, hope none taken. Please keep up your good work and efforts with commenting on the stock and it's chart, I do find it very useful and have learned from your other thoughtful posts.
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