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jimkane
Rep: 3,058
Posts: 33,089
Starting it off. I'm expecting another insane week, as we sit on the edge of the whole house of cards giving way. This year, and the next say five years, are still going to be remembered a thousand years from now, I believe.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm starting to have more respect for 14-16, and more so on the lower end of that. That's the 'backtest' of the line for the nested cup and handle breakout 'The Player' was watching last night, lined up with a bunch of other things.
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rat89
Rep: 0
Posts: 7,015
yup, same old. Been crazy with a project and clients.....they are making it look super weak, but they keep exploding it one bar at a time in the 5 minute
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jimkane
Rep: 3,058
Posts: 33,089
Looks like it will clear this backtest area okay, so it can get on with the business of the day. Let's see, though, as it's 'all up in there' as we speak, and you never know.
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jimkane
Rep: 3,058
Posts: 33,089
Time for my 18-20, just as I said. Yawn. Ho-hum. Same old, same old. 'Too easy'.
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MarcinO
Rep: 67
Posts: 5,506
We are close to end of the move?
Originally posted by jimkane
Up 20.00 off the LOD there. What does that tell you?
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jimkane
Rep: 3,058
Posts: 33,089
It tells me it needs one more pop to 18.25 to hit the area and go to up 20.75, achieving the 20+ it likes. Amazing. I'm not sure if it's done, but if so, it followed the script to the letter. Maybe it wants 30+? Take out the pre-market high? That would be something...
Originally posted by jimkane
Up 20.00 off the LOD there. What does that tell you?