Being conservative and hedging their bets probably. Reading what they said on the private pages, if the stop loss gets triggered, watch for them to place a stop buy at $6.80 to $7
Knowing INPATHIQUE, they are still being troubled on knowing just where for sure the higher set's (the ones you see on the public pages) have their boundary lines. Those are influenced by the take over of Word Perfect way back when. It fundamentally changed the value of the company and hence the patterns that are projected forward.
The stock's price is just simply sitting too low, too long. Something isn't as expected.
By the way, thinking about it, I didn't do a good job of answering your question about how to know where they expect the price to go. It is the pink or light red area on the chart. That is an old projection they are showing but nothing fundamental or clue wise has forced them to change the projection going forward yet. Must be getting close. The stock is certainly under where they expected, but it is still following the ups and downs at the points in time that they called for. Personally, I still think they have it too bullish.
INPATHIQUE isn't intended for day traders, but longer term conservative type investors. In any pattern there is only two points in time when it is known exactly what the price will be on a particular day. For example on AC, it was known far in advance that the price would be at $16 cdn on October 31. Unfortunately, those points only happen about twice a year on a higher set. Still good enough to return 40% to 100% per year, but certainly long term (by my definition) investments. Studying the lower sets though can increase that to those two known points occuring about every six weeks. In fact, using lower sets (think of them as patterns within the larger pattern), you can pin point future price points to within about 4 trading hours if you are on top of it. Still not day trading, but it certainly makes life more interesting. :-))
In between those known points, the price can range over a fair territory (hence the size of the pink zone which is the prediction within the territory it can range). They are using indicators, ghost lines, trans-set lines and other INPATHIQUE tools to study the influences which will help guide the price within its possible range to come up with the predicted zone. The current Corel projection shows it isn't always perfect enough. You can also see their very old projections they had made on the charts and how they faired in the past. Sometimes darned good, sometimes, like now, not so good.
I think their fears on Corel approaching the point where rules say a stifled bear (very steep) is allowed to take place, can't happen but it never hurts to be on the safe side I suppose. I could be overlooking something that they are seeing.
Although they only update their web site weekly, if something dramatic happens on a stock they have a public projection on, they will probably update the same day.
Keep your fingers crossed. Something is about to happen and very soon. At this point in time, I say the odds in favour of going up (and sharply) are far greater than going down.
Damned, now where did I put that polishing rag for the crystal ball? |
