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I really don't care if you value the chart or not or call me basher. That's my analysis and I shared with you where usually most people don't.
But, If you have questions about it I'll be happy to answer.
Just the note about the chart: Small red squares gives you the trading range for the next 2 weeks. Big rectangles are even size which represents timing and trend size. And the chart is not precise, meaning it takes longer drawing time to get the exact values. But this will give you some idea.
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The problem with the predictors and parameters you set is that if we break .0016 this week all the predictors change...
So, if advising folks to wait for an entry, the new higher low may well be higher than the current PPS of .0013...
Guys...charts are only one tool to help decide how to buy low and sell high...Do your own DD, use your best judgement, find others who you trust, share your own knowledge and listen to theirs and good luck...
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Let me ask you something: - What would happen to the predicted ranges if:
Nobody traded for 5 days? Volume was 5 Billion for 5 days straight? The company put out a PR indicating a $350 Million contract? The company put out a PR saying it was filing bankruptcy and further operations would cease? The St****Ster Pumped this up? Jim Cramer pumped this up? 1000 to 1 reverse split? 100 to 1 forward split?
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quote:Originally posted by dkinvest: Let me ask you something: - What would happen to the predicted ranges if:
Nobody traded for 5 days? Volume was 5 Billion for 5 days straight? The company put out a PR indicating a $350 Million contract? The company put out a PR saying it was filing bankruptcy and further operations would cease? The St****Ster Pumped this up? Jim Cramer pumped this up?
Simple:
If negative news occurs; We will move bottom section of those long rectangles. If more bad news; We will add another lower rectangle (like green one) and trend within that range..
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quote:Originally posted by dkinvest: Let me ask you something: - What would happen to the predicted ranges if:
Nobody traded for 5 days? Volume was 5 Billion for 5 days straight? The company put out a PR indicating a $350 Million contract? The company put out a PR saying it was filing bankruptcy and further operations would cease? The St****Ster Pumped this up? Jim Cramer pumped this up?
Simple:
If negative news occurs; We will move bottom section of those long rectangles. If more bad news; We will add another lower rectangle (like green one) and trend within that range..
Then how can you make the predictions/recommendations that you posted above with full confidence?
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Since it's future, predictions can change. But don't forget. This chart is most likely designed by some insiders or whoever has the power. Do you think they don't know the news that are coming out?
The important thing is to find out their intentions at least technically.
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Ok RC... I appreciated you sharing your chart...but...now your getting way out there...you made your point...don't go into another dimension...no one buys this statement...It only exposes your agenda...
quote:Originally posted by RCAnalyst2007: Since it's future, predictions can change. But don't forget. This chart is most likely designed by some insiders or whoever has the power. Do you think they don't know the news that are coming out?
The important thing is to find out their intentions at least technically.