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: FJV who wrote (54819)	7/22/2019 3:13:28 PM
From: Doug R	Read Replies (2) of 79429

FJV, In this chart situation, a 13,8,8 knee is expected to be just the kick-off of a multi-day climb at least. There should be little to no "wobbliness" day to day during the move. If there is, caution is advised. I expect somewhere in the neighborhood of 50 to 100%. Not a return to the highs. This is purely a technical indicator trade...none of the price patterns I use are involved. There isn't even a target line on it. So...that's as far as I'm taking "hope". If you're in from a higher entry, I hope it makes it back to there at least for ya. Wow, you're a good lurker here. Back to 1998. If you're a seminar attendee you'll have to refresh my memory.

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