posted
I am a TA guy. I don't really believe in fundamental data especially in penny stock...but since a few months, except for PMED, cos I play it right, I didn't really have green day. I use to trade pink, OTCBB, TSX, TSX venture and Nasdaq...Beside TA, I try to find an other trade pattern, a way to detect bigs winners. My idea is to combine "something else" (more than just news, rumor, forum suggestion, etc) with chart analyze... but I don't know where to look. Am I a dreamer? Is it possible to find a "magic formula"? Any suggestion?
posted
IMO TA is very important, but should be combined with fundamental,and reviewing the filings, watching for constant reverse splits, increasing shares etc.Check out the OS. Patterns are worth studying ie http://www.investopedia.com/terms/c/cupandhandle.asp.
notice cbay formed this pattern. nayn looks to be doing the same