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Non-Tech : Kirk's Market Thoughts
COHR 194.15+4.6%2:38 PM EST
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To: Kirk © who wrote (6266)10/11/2018 1:09:05 PM
From: Chip McVickar2 Recommendations

Recommended By
kimberley
toccodolce

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You're Welcome...

Yes, there are a lot of interpretations and artistic uses of this geometric tool.
Much of which is not covered by stock charts, but can be found with a little research.

I use only the strictest placement of the Andrew's pitchfork and its interpretation as taught by Alan Andrews in his seminars. They're magnetic lines that attract and repulse price. They're also a measure of time.

Sooo... this statement - "Pitchfork trend lines can provide support or resistance" - to me is not the correct way to look at the pitchfork and they are not channels either. But that said Andrews encouraged creative interpretation.

Chip
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