JasonBotts

Nodal Intercepts Chart 3

NYSE:AMC   AMC Entertainment
I took Chuck's Algorithym idea for the AMC chart from extreme gains. I used his megaphone and extended the lines of the falling wedges back to infinity. I then started drawing trend lines between the intercept points, then drew more lines between those new intercepts and so on. The nodes/nexuses seem to repel the price line up or down away from them like a magnet. The more lines that intersect, the more powerful the repelling force. I tried only to make nexuses the had three or more lines that precisely intersect to within a couple of pixels (the best my eyes could do). The price line seems to be contained within the nodes. Try out the three projected chart patterns in blue and see how they all pass between the nodes.
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