there's also the factor of long term holder buy in/break even...

there's also the factor of long term holder buy in/break even price that influences their 'optimism'
Some long term holders bought in/ Break Even in MRF and nasabears other pick TON at 10cents.
You too herc of the heart MRF under 4.
However other than you these other examples of share market wizard/wisdom did NOT sell the Peaks but rode them up down and back. Seems they did this chiefly because of Capital Gains concerns.

Anyway my point is that TA and Charting is well recognised as Buying Price calculator/ It attempts to make the process more mechanical than emotional/ It attempts to 'temper' FOMO [fear of missing out] Rah Rah Upramping which is a common wealth destroyer of the newbie retailers especially in Speccies.

I stand for the Pilgrims to Mammon. try to set out a map/ a track in the Jungle that is the Speccie Share Market.
I ain't and will never refer to myself as a SMurF, a purveyor of Fantasy