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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (21683)	12/7/2024 12:05:10 PM
From: #Breeze	5 Recommendations Recommended By Augustus Gloop Kirk © Return to Sender skier31 toccodolce Read Replies (2) \| Respond to of 26434

A_G, here's a BAC monthly bar chart. There are two technical formations on the chart. A large C&H formation and smaller C&H formation. A breakout projects 97.90 for the large one and 65.50 for the smaller one. Also the price data on Tradingview does not match the Stockcharts price data. The neckline for a C&H and H&S should be horizontal or slanted downward. An elevated one should not be used. I learned this from a seasoned technical analyst. Breakout objectives from a technical formation are not guarantees. But when they support a wave count objectives that's another story. :)). Breeze