I said December but it really doesn't matter does it 4sight, you can't provide any proof of what you were suggesting, so you opted for misdirection again instead of answering the question......or maybe you can provide proof and you choose not to, as for someone who values TA so highly, you have never posted a chart for Hills that I can remember.
The selling isn't irrelevant, just like the buying isn't irrelevant either. Worth discussing both don't you think?
You would argue the selling has been winning, but the reality is the price has been trading between a range of 15 and 30 cents since March 2017, so a little under 2 years. The ebbs and flows have been up and down, but it really has been forming a long term base, which is much more likely to break higher than go down below 15 cents from here.
You suggested a double bottom at 17 cents on one post of mine didn't you, that happened last week effectively didn't it?
And I can't recall ever saying the chart looked great, I suggested that the chart had the potential after a long period of consolidation to start heading higher. Happy to say I was early with this call, but I was happy to contribute and posted the chart to provide background to my thoughts and let other people make up their own mind. I still think it will start to trend slowly higher in 2019.
And Yes, guilty as charged, I liked Plough's post. Bread and water in the hole for a week is the punishment is it?
I like to look at all the information available when making investment decisions.
I have never understood why people choose to discount certain information that might add value to the information they prefer to weight higher in their decision making process.
The chart is an illustration of price, volume and time. But it also a function of what is announced to the market, along with various macro factors, as lots of people react to those and the charts illustrates these factors after they have made their price, volume and time decisions already based on FA and Macro factors.
