Originally Posted by
Roger
Speaking of technical analysis generally, as we all know one of the most recognised methodologies is the 200 day moving average and a clear breech of same being recognised as a change in fundamental underlying trend line for the company. I find it curious that so many who were extoling the virtues of this well recognised technical analysis tool when this decline started to take hold (for as long as HNZ's price was above that indicator), now seem so ready to abandon that methodology and revert to their own beliefs surrounding their own personal perception of fundamental value. Go figure ?