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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (11652)	8/4/2021 5:32:07 PM
From: Elroy	Read Replies (1) of 26251

I don't use technicals to buy and sell, but I'd be interested when your technical info says Sell SIMO, just to see how it does. I think new all time highs is a very positive indicator, a buy signal, and that's where SIMO is now. It just seems strange that it hasn't been a BUY when it was less than $80, but now that it's above $80, it's technicals say BUY. This part of technical trading I understand (everyone who ever bought SIMO is making money, so why would they sell their winner?), but it just seems strange to be told to buy at the highest ever price. Anyways, I'd be curious as SIMO trades when it indicates Sell to you.

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