@malatej, read below. Trading is not about predicting. It’s about identifying support and resistance to identify risk reward. This is only a possibility
@jaigonn, lol you must be long. The point of trading is not to predict the future but set risk reward targets for what is possible. Have fun going broke
Attilaelek
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Hi ! Great chart. What do you think about where APH hitting in the common weeks? Do you think further consolidation is on the way? Hope to hear from you.
Thanks for your time
RK2727
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@Attilaelek, thanks! Well it just broke the bear flag and retested and might follow that wedge the entire way down to test the 0.78 retrace, which is also the target for a break of a parabolic advance. BTW how did you find this chart? Just by looking at APH ticker and scrolling down to newest charts? I don’t see it. Thanks.
Attilaelek
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@RK2727, HI. I found your chart by looking APH. I hope its ok that I contacted you and I hope I didn't bother you. Thanks for your time
JohnCDA17
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@RK2727, So you saying basicaly that APH will drop to 8$ and change which is about 68% correction from its 25$ high.....
RK2727
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@JohnCDA17, correct. It broke a parabolic advance. Look up what happens when parabolic advance is broke. (80% retrace) And there is a h&S top targeting min 8.60ish