| | Michal, can you clarify for the TA-challenged among us
(1) What is it in the first chart that suggests 22.13?
It's a percentage or shorter term chart. It suggest exactly what it suggests: 22.13 coming, shortly.
(2) What is it in the second chart that suggests 46.00?
It's a longer term chart. It suggest that if the shorter term (22.13) chart holds, there is the suggestion of 46 coming.
(3) If changing the timeframe of the chart changes the objectives so drastically, how does one choose the right time frame?
Therein lies the question, doesn't it? Only you -- with your objectives in mind -- can answer it. My objectives don't matter to you. They're mine. Only mine. Even though the chart remains what it is...
(4) What exactly was your WAG?
Test of low 20's coming up. If SNDK passes, I'll reload. If not, I'll wait to reload when it looks to me like it's bottomed, double bottomed, and ready to go again, since everyone else threw in the towel.
Hope it doesn't come to that. I'd love to re-fill again in the low 20's.
Now -- the important part -- I've been DEAD wrong looking at those pictures we're talking about here so often, I can't tell you. They are of and about the past. Double Zero guarantee of future anything. I'm simply guessing based on past inexperience and so are they...
Best,
Michal |
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