I told you, I don't know where MOT is going. Sure, I could guess, using all the junk in my TA toolbox, but I don't think you want guesses. Heck, I could even use Window On WallStreet (they were allowed to use "Windows" in the name at some point), if I cared to dust it off. You really want to know where MOT's going, and I just cannot predict the future, so I agree that for someone looking for that, it's all BS. You would seem to want certainties, I and just don't have any.
Honestly, if I went to the oracle of Delphi, and they hedged with lots of mights and maybes, as I would about MOT, I'd want my money back. I'd say, "Give me back my goats, my drachmas, and I'm checking out right now. I'm heading back to Thebes. All I got out of that Sybil character was a lot of foaming at the mouth, at lot of gibberish, some arcane rhymes, etc. That oracle is nuts!"
But if it's confirmation you want, if you need to be convinced of the wisdom of your own trade, maybe this will do it. An excellent analyst and trader said this over the weekend:
"While I have very little faith in MOT as a company, it is a good trading stock and is set up for an Island Reversal....Morning Star... whatever you want to use. If it gaps up or down it would/could form a bullish formation." |
