Replies to post #18407 on Energy Edge Technologies Corp. (fka EEDG)

[mc6102]

I respect him, and CLAK too - but there is play in technical analysis, and the stock is not "following" what he posted, he just looked at the history and stated it, and his opinion of it. There were also "ifs" in his statements. So, if you know for sure what is so right on, then what is your TA?

There are other indicators aside from the moving averages, and if news is big like I believe it is, then the pps will follow. Charts are history and are not infallable predictors in the penny market. Story, news cycles and promos trump even the best or worst chart. But, if you're going by chart, which indicators, aside from alpha's moving average reference, do you prefer when analyzing a trend? Resistance tests have also failed, which led to shorting, but support in this area has actually held on more than one occasion.

I see you mentioning TA a lot but I see no TA from you. Which do you look at? RSI? Aroon? Fast/Slow Sto? Past supports and resistances? MACD? Accum/Dist? Volume? Money Flow? Anything else?

Pick one and tell us why its important here - every person who dabbles in TA has their favorite couple of indicators. Because even alpha says he really wants to buy this, he's just looking for a news cycle or another reason that the bottom is in and there will be a confirmed trend reversal in the near future.

Such is the cycle of most penny stocks, good or bad.

I would use alpha investor especially because the stock price is following his t/a precisely

[boywonder1]

I would use Clak because he is the #1 person on Ihub and best chartist! Yeak,look it up, right there under post followed!