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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Doug R

To: Doug R who wrote (75918)	12/23/2024 8:46:49 AM
From: Magnatizer	1 Recommendation Read Replies (1) of 79298

LAES is into supply chain and logistics! Always interested in deeper dives there. I am discounting the first 5 months or so as it looked like they had a hell of a firm that brought on their IPO at a highly overvalued state. Low volume with high volatility is just weird. Broad view tradingview.com Not one but two gaps over cross horizontal channels in this move north. I've never seen this type of action. My problem is my best entry is a sniff of the 1.27 to 1.39 cross channel. With the type of power LAES displayed gapping the cross channels I don't think this is even remotely possible. If I pull out the highly experimental and total finger wag in the air "future" trendline I find an entry in the 3.30 area today. Other than the first anchor this type of tline has no real rules to it. I just take a shot based on activity post signal to find areas of interest. The white dashed tline on the following chart represents an uptrend that stopped the initial move after the last signal then again the bears showed up when it was breached on the current move: tradingview.com

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