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Message: Re: PTK Price Prediction- Steve Wilson
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mo
Apr 27, 2015 01:22PM
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Apr 27, 2015 01:50PM
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Apr 27, 2015 02:14PM
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Apr 27, 2015 03:02PM
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Apr 27, 2015 03:17PM
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mo
Apr 27, 2015 03:29PM
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Apr 27, 2015 10:06PM
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mo
Apr 27, 2015 10:28PM

TA is like understanding & playing the odds in the game of poker. It is very subjective and can be interpreted in many ways. No technician, be it a day trader or swing trader will be right 100% of the time. Your odds increase on the SP direction when you understand the TA game.

TA is only a tool to help predict SP movement without NEWS. You can disregard any TA when the BULLs or BEARs are running ramped. (Ie. Pinetree selling into weakness and running the SP through strong support at $ 1.60).

With that said, the game changer IMO will be the completion of the 2 customer driven "milestones". Once those are achieved and announced (In the MD&A, management is confident it will be this quarter, Q2-15) the SP will find its mojo and move into uncharted territory.

Q2-15 ends June 30th.

GL.

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