NASDAQ:MPAA   MOTORCAR PTS AMER INC
60 1 0
I4
2 years ago
I feel like im wasting my time posting these charts with nobody posting a comment on any of the 7 charts I posted back to back. Does this idea not seem reasonable to people? I dont know, nobody has said anything about it. It seems pretty reasonable to me when many stocks follow simple trendlines along with 50ma as shown above. This allows low risk entries when the price gets close to both as a break of both would ruin the trend. This also allows to make entries at the beginning of an uptrend as future corrections shouldnt break the trendline and if it does I have a stop loss right below it. Maybe nobody pays attention to this because I dont have 3 Fibonacci retracements or four indicators/oscillators or some divergence taking place, which isnt the main point im trying to showcase.
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