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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Cornstock who wrote (53165)	6/26/2018 10:02:18 PM
From: Doug R	Respond to of 79173

It sure did. Now expect a bit more clean up work on the supply/demand dynamic...nothing drastic expected. If the low yesterday turns out to be the next L2 then I'm looking for 2nd week of July for it to set the new L1 a bit higher than L2.. After that the T2 and T1 construction phase will lead to good % trading opportunities before the next parabolic run. Or so the theory would have it.

To: Cornstock who wrote (53165)	6/26/2018 10:27:10 PM
From: Doug R	Respond to of 79173

BILI has developed some....complexity issues. 2nd week of July also shows up in its lines. Best case scenario would be for it to regain that channel (between black and red up trend lines) and move up from there as it goes into that apex. Next best case is to hold its own as it works into the apex at 15.85. The thing with its initial target line is that it has the one extra feature that makes it an IL rather than just a target line. The "beveled edge" at its start that creates the lowest (light green) up trend line drawn here. (dust off your manual to review the beveled edge. I still have several manuals from those days if you need one. But the offer only stands for grasshoppers who somehow may have "misplaced" their originals.)