SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jane4IceCream who wrote (25755)1/30/2002 9:55:41 PM
From: sylvester80  Read Replies (1) of 99280
 
Good spot. I picked up a huge amount today at 6.3 as well (3 times what I had before and I had a lot :). I have a very nice uptrend chart on LU which points to about $9-10 during the next 7-10 weeks. We hit the bottom of that uptrend channel today and we bounced like a freaking rocket to close up for the day. Here is how you can track the channel.

Draw a one year chart. Draw a trend line from the high in July to the high in November. Now copy that line and move it till it intersects today's low. You will see that it also intersects the Sep low and the Dec support low. Everything between the June low and now will be within this channel. In 7-10 weeks we should be touching that upper trend line around $9-10. How's that for forecasting? Thank me in 7-10 weeks but remember this is JMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News