I know everybody sais, that TA doesn't work. But if you have a look at RSI, MACD, Bollinger Bands and Momentum you will see that "the market" apperently is playing after those indicators.
I am sure we are missing nothing. Its just a lot of people which seem to follow their Trading according to TA. Seeing the 1 year Chart You will see what I am Talking about.
If I would have the guts for Trading I would have much more shares now. But i am not trading as always when I tried to do it I simply failed.
Unfortunately according to TA it could go down into the 1,05 - 1,10 CAD Range. Even if I hope it wouldn't I will not be surprised if it does.
Just IMO, I am not a Profi at all.
GLTA
