Key Levels - 1 Year Apart - Connected by a Ray and projected forward in time.
Powerful information -
Useful reference lines -
***Subscribe to "KEY HIDDEN LEVELS" in the "indicators: marketplace add-ons" window to have the triangles and quarterly support/resistance lines plot automatically.
Comments
timwest
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TSLA is back to the bottom of the "range" ....
STOXXResearch
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Can you explain what this means?
timwest
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I'm doing some research into find "real internal trendlines" that are "non standard" and "absolute" in the sense that they are NON-SUBJECTIVE. In other words, you "can't draw them incorrectly" the way most people draw trendlines - rarely do people look at a chart and draw the exact same trendline(s). This is a method that utilizes the "key hidden levels" - "quarterly levels" to then create a trendline that connects these points one-year apart and then draws a ray into the future to show the pace of advance (decline) over that one-year time frame. With TSLA, these "key hidden trendlines" seem to be very useful reference points.
joseph.lombardi
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Thank you for doing this. This is something that's always bothered me about TA. Anyone get draw lines where they see patterns. It's like confirmation bias.