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RBD Chart Update
Yes Moi, the downtrend and the SELL signals began over 2 months ago. Yet again, RBD shows the difference between FA and TA in stark contrast. While the fundamentalists are having earnest discussions on how best to assess the theoretical "worth" of this stock, the technicians are out of RBD and, more importantly, the market is selling it down. RBD has dropped over 30 cents since then.
Originally Posted by Snoopy
IMO those selling out of RBD over the last month or so are either pure chartists, or insane.
This could be re-phrased as "Those still holding RBD must be either diehard fundamentalists or insane".
We are all in this for the money. Which approach has proved to be the more profitable?
Given the long-running TA vs FA argument that has raged over RBD, it is easy to weigh up the relative merits of these 2 approaches. It is all documented right here for anyone that bothers to look.
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