Are Share Price Graphs Simply Self-fulfilling Prophecies?

Discussion in 'General Trading Discussion' started by Buyonthedips, Jun 18, 2019.

  1. Buyonthedips

    Buyonthedips Senior Investor

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    Do you agree with the comment that share price graphs can often be self-fulfilling prophecies? I would love to hear your opinions.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Share price graphs can become self-fulfilling prophecies in certain circumstances. Stop loss limits, oversold positions, they can all make people react in the same manner when covered by one of the many “graph patterns”. That said; if I was on the right end of an emerging share price trend I would not be complaining!
     
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