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/biz/ - Business & Finance

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1026460 No.1026460 [Reply] [Original]

If you only had this chart to look at, would you go long or short?

>> No.1026469

>>1026460
Neither because it doesn't alloe me to invest intelligently nor does it allow be to study the fundamentals of what I am investing in. I'll put my money in bonds and a small portion in commodities, thanks.

>> No.1026471

>>1026460
long
it's easier for price to make a new high than it is a new low

>> No.1026484

I'd wait to achieve the low of .40 again, and then look on a longer term graph to determine if it's a bargain or not.

If the stock is old enough, the 2008 lows are a good guide.

>> No.1026488
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1026488

>>1026460
>i just watched the big short guys!!!1

>> No.1026614

>>1026484
So you would short? Im asking what you would do NOW

>> No.1026624

>>1026460

Long because positive slope.

>> No.1026625

>>1026614
NOW he wouldn't do anything but monitor, you aspie. Feeling the unquenchable need to act immediately is suicide in stocks.

>> No.1026678

the major reversal probably happened for the right reason because the price has held. I'd say long, but chart analysis makes up like 10% of my decision making process

fundamentals should be 90% of any trade

>> No.1026680

>>1026625
Well, he obviously didnt read my question. I asked where is this chart going NOW up or down. His answer is he thinks its going to go down to 0.4

>> No.1026683

on closer inspection, this is the ethereum chart, you fucking faggot

why are you doing TA on cryptocurrencies?

>> No.1027055

>>1026683
I wasn't doing TA I was exploiting the wisdom of the crowd. You lot were doing TA on my behalf