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


To: Qone0 who wrote (86761)6/12/2024 3:48:46 PM
From: Tweets Boar Hog  Read Replies (2) | Respond to of 96843
 
Q ... maybe a dumb question, but I'll ask anyway.

When you and your software set up this pattern and display it as you have, my read is there is no time implication for this to come to fruition. It is just a price pattern that could come to fruition over time, on the weeklies.

If for example we were to get a correction starting mid summer, make a corrective low for start of winter season, this would seem to be a really good fit for a high in price sometime next spring.

Hard telling where that would put Boil in that type of scenario, my guess would be over 200. I missed a really good op to significantly trade up in shares recently, and I hold quite a few. My bad, hope I don't miss the next one. Gotta be quick with Boil.

Boil does to a certain extent retrace to previous lines of resistance on LT charts. From about 125 to 500, nothing really in terms of ohead.

Looks to easy, must be dreaming.

In edit. 200 on weeklies is currently a bit over 32, something I am keeping eye on.

Tweets



To: Qone0 who wrote (86761)6/12/2024 7:32:19 PM
From: ajtj99  Read Replies (2) | Respond to of 96843
 
What's the HOP going to be around on that thing? I suspect if it launches and spikes like that we won't see a "V" type top.

My hurricane spike I'm anticipating doesn't go that high, but I wouldn't rule anything out in such a situation.