Topic: Yet another analyst :) - page 107. (Read 269580 times)
Ending diagonal detected denoting a possible top at 24.50 - 26.00 (top of wave 3 off $9.77 low, see pic above)
My current bullish count. Wave 3 off $9.7 low ends somewhere here or a bit above.
PS. I dont make major trade decisions on EW counts, as they like live morphing
PS. I dont make major trade decisions on EW counts, as they like live morphing
Unfortunately for bear outlook, sub-20th forming now strong support on weekly basis.
Channel broken upside. 22.5 now weekly support.
61.8% broken upside. 20.48 now weekly support.
Upper bollinger holded and 21.44 now weekly support.
61.8% broken upside. 20.48 now weekly support.
Upper bollinger holded and 21.44 now weekly support.
Conflicting information.
We got a daily volume and RSI bearish divergence.
In other hand, if today daily and weekly candle close somewhere above 23, and especially 24 - this may be a strong signal for bullish rally to continue, as weekly candle closed above 61.8% retracement and daily above upper BB.
We got a daily volume and RSI bearish divergence.
In other hand, if today daily and weekly candle close somewhere above 23, and especially 24 - this may be a strong signal for bullish rally to continue, as weekly candle closed above 61.8% retracement and daily above upper BB.
Stocks: hanging man on weekly chart
About ADX. It almost shows tops except bubble conditions. Here is chart.
In 2011 ADX rised above 80 and sub-$10 looked like a major top. But then it started to fall with plunge and suddenly bounced off 50 and price made a all time high after.
The situation now is very similar. Currently ADX bouncing off 60. This is too bullish to not draw attention to it.
Unfortunately, Sierra doesnt have wide ADX formula like bitcoincharts has.
So we may have the plunge in short term. If price fail to stay above 21-25 on daily and weekly candle close, plunge may be permanent. Otherwise - new highs.
In 2011 ADX rised above 80 and sub-$10 looked like a major top. But then it started to fall with plunge and suddenly bounced off 50 and price made a all time high after.
The situation now is very similar. Currently ADX bouncing off 60. This is too bullish to not draw attention to it.
Unfortunately, Sierra doesnt have wide ADX formula like bitcoincharts has.
So we may have the plunge in short term. If price fail to stay above 21-25 on daily and weekly candle close, plunge may be permanent. Otherwise - new highs.
When you are talking to idiot, make sure he is not doing the same 
Ignored.
Ignored.
Then draw it.
I don't understand why everyone here think I owe them something ))
I don't understand why everyone here think I owe them something ))
I was asking why you use linear. The wish to see a log channel was just me thinking out loud, not demanding something from you. I'll get around to drawing my own...
he's just getting testy. after all, he's only down 22.5/13.13= -71.4%
Then draw it.
I don't understand why everyone here think I owe them something ))
I don't understand why everyone here think I owe them something ))
I was asking why you use linear. The wish to see a log channel was just me thinking out loud, not demanding something from you. I'll get around to drawing my own...
Then draw it.
I don't understand why everyone here think I owe them something ))
I don't understand why everyone here think I owe them something ))
Bah... Idiots around. What difference - up or down? The main thing is MOVE. Move +/-30..70%
Besides, looks like move will be with + sign.
Besides, looks like move will be with + sign.
Why do you use a linear chart? I'd like to see the channel with log pricing.
Bah... Idiots around. What difference - up or down? The main thing is MOVE. Move +/-30..70%
Besides, looks like move will be with + sign.
Besides, looks like move will be with + sign.
Bulls need good push to break this up. Looks like consolidating around.
Either 32 from here or 15.
Either 32 from here or 15.
So, either up or down? Wow, keep that incredible insight coming.
NFW, NFW, NFW.
remember; you lie!
Go enterntain your subscribers with walls porn. Don't shit in my thread. Old fart. remember; you lie!
Bulls need good push to break this up. Looks like consolidating around.
Either 32 from here or 15.
Either 32 from here or 15.
Actually about +40% since 13 
NFW, NFW, NFW.
remember; you lie!
Actually about +40% since 13
Enough bullish stuff, or S3052 will offend on me 
Too easy at this market.
You try to predict the plunge! That is the quest!
Too easy at this market.You try to predict the plunge! That is the quest!
let's see:
22.06/13.13 short = -68%
hmmmmmmmm......
Enough bullish stuff, or S3052 will offend on me Too easy at this market.
You try to predict the plunge! That is the quest!
Too easy at this market.You try to predict the plunge! That is the quest!
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