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


To: Doug R who wrote (54132)1/8/2019 2:05:49 PM
From: Doug R  Read Replies (2) | Respond to of 79505
 
2 views of daily chart for INSG.

There are two possible IL constructions. (shown on 2nd chart)
I like the green construction since the first word in IL is "Impossible". If the line seems too "Possible", it's not the likely IL. So far, the red construction does seem to be having an effect, at least in a targeting/short-term trading sense. But that's only "so far" and seeming.

Also the bevel shows some minor upside volatility and is a 4 day event. This combination makes it only a shade less strictly adherent to the rules. Less upside (near zero) volatility and 2 or 3 days is optimal, so that's the difference there. (and obviously, downside volatility would result in no bevel at all)





To: Doug R who wrote (54132)1/8/2019 2:52:14 PM
From: Garlic Breath  Read Replies (2) | Respond to of 79505
 
Speaking of time travel, APPS, you mentioned going back to the relevant previous all-time high. Are you referring to 8/14 that were working off of or the all time high in 2008 of $30? I'm thinking the 8/14 date but just wanted to clarify because if you think it can get to $30 or their abouts I need to take a minute and pick up a couple thousand shares more :-)

Thanks