yes all very frenetic, attention seeking from one who retired before 40 and admits having no real understanding of short term trading or it's tool TA Charting.
Anyhow think I'm on his Ignore list as a brigand/brigade or something so a chart
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nasa has some obsession with the cup'n'handle pattern. Probably read some where that the c'n'h pattern
is one of the highest rated for up price predicting. It has something like a 70% success rate accroding to some book by Brewnowski or some name like that.
Anyhow it has also some strict criteria of design but they who are beginners who only have read very shallow on TA. Indeed who scoff at TA compared to appling FA Matrix, Financial Modelling really have no idea of the elegance in TA.
Anyway marked is a layman's sort of cup'n'handle back in April and MAYBE a formation this week. Personally I'm not 'excited' by this maybe pattern but it does indicate a possible 73/75 target.20% on 6.
BUT it does NOT have a Brewonski whoever 70% success rate in this instance because it's a crap pattern identification ie ya just seeing things, wishing and hoping.
I really hope
@heraclitus is not driven off from this teddy bear's picnic of smurfs. I wish that UP Rampers had as much assumptions of 'evil' put on them as downers especially when on uppers held from 2 cents for the looong term.
Anyhow made a promise to myself to be offline especially on this forum much more so my chart chat for today
Falling Knife appears to have gone into a 6 consolidation zone. Traders could be looking at a 7.5 'hit' even with NO News.
What Company SPECIFIC news is expected? Is MRF doing any drilling NOW/ Are Drilling Results imminent?
Off to DMOR but I find it strange that such info is not apparent on this thread
Just a lot of IMO guff and piffle cut'n'pastes about the wonders of flaming graphENE market and a supposed pre eminence of micro cap MRF.
Happy Trading
