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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (58470)5/1/2022 9:05:05 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97132
 
One bullish thing supportive of a potential bounce is the EMA scans. We often bounce when we get a double bottomish EMA low area. Exceptions are major drops like March 2020. Here is where we are as of right now.. Its hard to see so zoomed in is second chart....






To: Lee Lichterman III who wrote (58470)5/1/2022 7:49:01 PM
From: Jacob Snyder3 Recommendations

Recommended By
ajtj99
kidl
Lee Lichterman III

  Read Replies (2) | Respond to of 97132
 
For me, the interesting thing is, companies that have good reports don’t go up much (if at all), while bad reports get punished by 10%, 15%, 20% declines. A company has to be perfect, for their stock to go up = beat on sales, profits, and raise guidance.


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