rvb wrote:Cobra- sorry for the questin but i am fairly new to the site. What does it mean when chiosc is way to low?
rebound for about 4 hours.
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target as tinted area. bigger tinted area should be the mini target.
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Cobra wrote:general pattern for the bigger picture.
how do you predict this ? i understand experience is a big part of it but im sure u are also looking at some indicators to predict the rest of the days action
Hi Cobra, Yesterday you asked if you should change and say less. No No No, we (I) like your charts with your words. I can't say thank you enough (insert 1000 thank you's here).
2 bar reversal (in small time frame it's a double top), not good, hopefully the neckline could hold.
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wandering196 wrote:Hi Cobra, Yesterday you asked if you should change and say less. No No No, we (I) like your charts with your words. I can't say thank you enough (insert 1000 thank you's here).
OK, thanks. I didn't mean to say no words like 99er does, I just mean to explain less when chart is clear. Anyway, I'll comment each chart like before. No more changes.
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Cobra wrote:general pattern for the bigger picture.
how do you predict this ? i understand experience is a big part of it but im sure u are also looking at some indicators to predict the rest of the days action
experiences. mostly the price will go like this, need a few adjustments of course depends on how strong each swing. Generally a strong swing requires at least 2 tries before a reversal is possible.
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shy of Double Bottom target but almost met the mini target. I'm a little disappointed but there should be one more try on the upside, purely feelings, let's see...
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KENA wrote:I don't know if any of you traders have NFLX but I am still holding ,Right now It is in a slow up trend.Wait and see.
yes then trend is still clearly up. not a very strong uptrend though.
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