Originally Posted by
Snow Leopard
Life has hit rock bottom for me in that I am sitting drinking coffee in a *STARBUCKS*. But I have an hour to wait for the ferry, the backpacks are heavy and the armchairs are confortable.
Many on this forum, myself included, quote some TA gibberish when it supports our fundamental or emotional or irrational beliefs about our company.
So, you think it is worth-buying? You use the 37 minute & 40 second average or some bell-curve pattern.
Don't like it? Then either it is not above the 200 day, or no golden cross, or the volume is not quite good enough in the latter part of the afternoon.
Now my totally unbiased software says we passed from the red-zone (definitely avoid) to the orange-zone (down trend break) yesterday.
But it is just giving meaning to the randomness of share prices.
Disc: TRA is the smallest (of 10) holdings in my NZX buy, hold & pray it goes up lomg term portfolio.