another example of my "PSYCLE sm" at work....as you know, I added NVX, technically, for my subscribers, here in April, around 16, and just missed it for real, as D.S. told me "not to get too carried away by technicals" then.....then, it rose anyway, right to its 200 DMA resistance in May, where it stopped, as per my concept, just as this thread got a bit too excited too quickly, which often means a S.T. top, at the 200 DMA, as I teach....
....then, it did break the 15-16 level, anew, recently, and well, now some people are backpedaling....My timing concepts teach to do well, by ignoring 95 % of all real or perceived fundamentals, stories, hope, dreams, and emotions, etc.
....if anyone is interested in Learning how to do this better, I am happy to share valuable answers, as you know....interestingly, I also did well, in RPC, MRE, IVX, UBS, LXR, for real, as similar companies in similarly depressed "PSYCLE sm" patterns, in this same industry group, at that time, for my followers....view those charts, and Learn the pattern, and perhaps help your timing forever....glad to be of service, for the benefit of other nice people....best wishes to all. |
