50% off from when they sold originally. STEAL 9400 is a possibility would just be -52% from ath We did hit -53% and are painting a hiagher low and higher high so that is also bullish with respect to our uptrend line A breakout of the red downtrend resistance would be a strong buy signal for a bigger move
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Also something of interest - Look at what kind of candles we paint on entering / exiting the spirals and how it follows this for the most part.
The only chart that validates price movement in any direction: Up, down, right, left, towards, away.
mumbojam
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@thinknirmal, Yes many interpretations this chart has I'd love a meteorologist opinion.
But What I see is that we always have a respect and of the spirals and we can always go one or the other way each time and this is where our emotions kick in. Whichever one is the easier way to go will happen on the smaller time frames but looking at this gives you a sense of on a much larger scale just how bullish we truly are on breakouts of spirals
thinknirmal
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@sakuzi, Cool that you took my comment with a pinch of humour. Happy trading!