Would you buy or sell based on this chart? Part 2

Discussion in 'Stocks' started by FXforex, Jan 10, 2014.

  1. FXforex

    FXforex

    What else do you need?
     
    #11     Jan 12, 2014
  2. To reach a level of confidence that allows me to obtain high accuracy and great risk / reward, just too much to list here, and still, that would not assure me a setup to risk my money.

    I only trade clarity, and many times there are no guarantees that I can find it in any given instrument.
     
    #12     Jan 12, 2014
  3. feng456

    feng456

    I would sell. Seems like it's trending down and like someone else said, there's no indication of a reversal or exhaustion. Volume might be able to clear that fog, or not.
     
    #13     Jan 12, 2014
  4. toc

    toc

    Depends on what time horizon:

    if short term then can buy at any sign of upside movement for a quick profit

    if long term then would not buy or sell, too little information available


    :D
     
    #14     Jan 12, 2014
  5. FXforex

    FXforex

    The chart is the past year.

    That would apply to any stock.

    What information is missing? IMO too much information = noise.
     
    #15     Jan 12, 2014
  6. toc

    toc

    buddy, i do not disrespect the markets and hence analyze the stocks to invest into..............using more than a few tools.

    just for the sake of the puzzle, most probably aimed at the chartists, my answers hold the same.

    :D
     
    #16     Jan 12, 2014
  7. FXforex

    FXforex


    Your "tools" are useless because the data is heavily influenced by your judgement of the stock. What other information do you need?

    I will post the stock Monday evening at about 11:00 PM EST.
     
    #17     Jan 12, 2014
  8. toc

    toc

    my tools are valuable for me, they may sure be useless for you.

    more so if you are doing hardcore fundamental which creates lots more judgements and opinions regarding the stock.

    :D
     
    #18     Jan 12, 2014
  9. FXforex

    FXforex


    What other information do you need? You are avoiding the question because the only information you need is the stock. Then once you know the stock all other data (noise) from your "tools" can be analyzed based on your judgement about the stock.
     
    #19     Jan 12, 2014
  10. FXforex

    FXforex

    UPDATE: You have less than 24 hours to submit your replies before I reveal the mystery stock at about 11:00 PM EST on Monday. You will be surprised. :)
     
    #20     Jan 13, 2014