PTR - Petro China @ The Puristic Reaction Line:

NYSE:PTR   PetroChina Company Limited
Action/Reaction is the purest form of Fork Trading.

The blue & white lines are taken from the past swings.
As you can see, price reacts at these levels.
Currently there is a high chance that price could hold at the blue reaction line and therefore move its way to the north.

Babson made over $50'000'000 back in the 1900!!

Years ago I thought, this technique could be worth investing some time and money.

These days I'm happy I did.
In fact, I don't trade anymore without the forks and/or A&R, Newtons universal law.

Let's observe, learn and earn §8-)



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