The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (54132)	1/8/2019 2:05:49 PM
From: Doug R	Read Replies (2) of 79441

2 views of daily chart for INSG. There are two possible IL constructions. (shown on 2nd chart) I like the green construction since the first word in IL is "Impossible". If the line seems too "Possible", it's not the likely IL. So far, the red construction does seem to be having an effect, at least in a targeting/short-term trading sense. But that's only "so far" and seeming. Also the bevel shows some minor upside volatility and is a 4 day event. This combination makes it only a shade less strictly adherent to the rules. Less upside (near zero) volatility and 2 or 3 days is optimal, so that's the difference there. (and obviously, downside volatility would result in no bevel at all)

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