I tend to agree with that Austinhealy .But as we are looking at different techncis/ aspects which both combine into something we can graph for visuals to price of a stock the graph is telling us this is not happening to the stock price as far as using an index to the sector short term.
I dont know much about the fundmentals but glean information from posts such as yours for balance and thoughts to what may happen technically . ie some stocks just dont react technically imo to trading . That maybe my skillset or because they do not attract technical investment .
But i once was on the other side thats for sure . So a lot of thoughts do get clouded from being pure technical and see reasoning to why they move fundamentally perhaps to much then just pure the chart .
To much cognitive thinking rather than just looking at the indicators where im possibly weak as im long only when i put some money in . ie i dont think about downside risk maybe enough ?
ie im not trading investing for the downside and im not building a position as im in as much as want be and the funds i have .
Im now in defense stage thought wise the whole way i go as long as i hold the stock .
And we do have a good thread of both which is commendable to be able do this . I dont often get myself involved in threads to much . This stocks been great that way even if the price doesn't reflect it all the time .
I constantly have to think when i read it .
MRM Price at posting:
44.0¢ Sentiment: None Disclosure: Held