i'm looking at one big, bad, horizontal count, and i have a question for anyone who isn't yet engrossed in the season finale of anything on nbc...
WLA is the chart. if it prints 70, the double top is achieved, and i get a horizontal price target of 110. however, the last buy signal, in april, quickly dropped back from a horizontal price count of 84.
my question: are horizontal counts reinforced by wider bands and repeated testings, then a final breakout? has not enough "time" passed to see 84 and perhaps, 110? (given debates on "time" here, i'm reluctant to even invoke the concept.) or do you diminish expectations because a recent pattern showed similar promise, and faded?
put more simply, do i buy the damn thing or not? |
