I agree. Charts only work because people make them work. It's psychological, when the technicals get hot, sentiment changes, and people act. It's the herd mentality.
Now, when the herd is small, and a bunch of the traders are the animals over at liehub......the overall sentiment can't be as logically predicted.......because dickheads like abazaba and co will smash the bid with enough shares to break the pattern and shift sentiment the other way. Then when one sells, all the other boneheads jam the sell key immediately in an attempt to cut their other flipper buddy's throat.
So that is my take on why penny stock charts are so difficult to play.
To put it in plain English for all of you fliptard rejects quietly reading along.........it's your fault the OTC charts don't work!!!! Oh yeah, and your buddy who you flip/bash with would throw his own mother under the bus if he could make an extra hundreth. How do you think he feels about you? Honor among fliptards? Pffftttt.
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