Tim, you did not mention which stock this chart relates to, after studying it, it reminds me the chart of HAUP in the last 18 months (adjusted for a 2 for 1 split), except that the chart stops about two months ago at around $14. The same fabulous run from $4 to $40 (you do not show the ascend), then a small crash interrupts this bull move, and after that crash, when stabilization fails, it eventually goes back to $4 (that part is not in the chart yet, but HAUP is pretty close at $5 and change). I take it this was a riddle, now, did I solve it right or were you trying to show to us the PnF parallels between HAUP and the holy one? (g).
Mind you, in February of last year I recommended HAUP at $8, stayed in most of the ride to $80 before the split (here and there I dropped $10 of the advance but recouped with few intermediary trades), where fortuitously I said "enough is enough" just a day or two before it collapsed. My trading in the holy one was quite similar, but I do not remember people on the HAUP thread being so single minded about that stock. As a matter of fact it was a tame thread apart of few short raids here and there. There must be something holy about the holy one, followers are almost like crusaders.
By the way, HAUP is still on my watch list despite it being marked "dangerous", there is a good chance that in another month or two, we can restart the whole trek to $40 again. Mind you, it never happened to me in the same stock, but who knows. I think that you will find the PnF chart for THQI to be similar to that one as well. Fallen angels...
Zeev |
