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oooooooo...i'm sure it would...if i take it out to a ten year chart, all that stuff doesnt even matter...I'd be up HUGE regardless
Two points: 1) With a 5-year time-frame you are ignoring most previous periods of uncertainty as to revenue/income for the company.2) You can't look at the degree of divergence from SMA 63 and _know_ when a decline is over even if the "usual" decline in the last five years has recovered in a month..To the rookies out there: If you follow ewan's strategy, use stops.I still expect this stock can rally back to 57+, but I also still believe it can collapse down to 46.Best of luck to all.
"I still expect this stock can rally back to 57+, but I also still believe it can collapse down to 46."well that's the long and the short of it....