IMO, forget about the charts. PBT, has been, is and will be until at least post AD results, sailing in "UNCHARTED" waters. Show me any technical analysis that could have predicted (ie. in advance) the wild SP turbulence since mid November. Even in hindsight the only thing that can be said is that it has gone UP significantly. Why? - in anticipation of HD and AD results.10% to 30% daily variations are not the province of charts, they are governed by many agendas revolving around speculation on potentially company making announcements.
nasdaq attack, page-18
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