Price action -- remember TRQ | ETG:CA Message Board Posts


Entree Resources Ltd

  ETG:CA website

ETG:CA   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  18275 of 18458  at  12/7/2023 2:01:13 PM  by

aldarion


 In response to msg 18274 by  countrygent
view thread

Re: Price action -- remember TRQ

You might be spot on regarding the trading algorithms.

The reason I posted is that I know there are technical traders out there that look at trend lines. Currently the trend line is in a classic downtrend. Either algorithms or technical traders might be slowly riding the downtrend until the trend stops or reverses. The stop or reversal can be based on substantive news, but I think that someone out there knows that nothing substantive is going to happen for defined period -- viz. till April -- giving time to ride the trend.

The other option is to attract more buyers to catch the trend traders off-guard. :)


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 0  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
18276 Re: Price action -- remember TRQ countrygent 0 12/7/2023 3:50:59 PM




Financial Market Data provided by
.
Loading...