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 : Underexposed Technical Analysis
AQN 6.070-1.5%Dec 1 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (697)12/26/2019 9:53:10 PM
From: Underexposed  Read Replies (1) of 914
 
USA: BRKS

When I brought this stock to your attention last I only showed my trigger chart I never looked further.

I suggested a big event will be happening soon.

I suspect there will be some profit taking early next year/month in Brks (it has been a great year for Brks.

Well I think this will be sooner than later... all is told through the Ichimoku chart



this is what fascinates me about charting.

Never mind the bearish indicators... look at what is going on in that circle in the main chart.

When I first started showing the ichimoku chart I used to get a lot of "flack" about the mysterious clouds. Their positions are formed in the future from present day data.

Look at how the share price has been confined to the green cloud, rattling around for 8 days now, hitting the edges (which at resistance (upper) and support (lower) levels... But in the next day or so there is a definite chance it will breach the lower edge of the green cloud and fall below the green cloud.

Of course, since this is a support, it could bounce up again....But I don't think so.... too much bearishness in the indicators.

Yep, could even be tomorrow....certainly next week.

UE
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