It is just during or post GFC when I had the conversion with the geo and I still remember he mentioned mitsubishi if not then def Japanese.
No, charts cannot tell you where price will go or the market top or bottom. What it can tell you is the trends. Analyst and investors with skin in the game decide valuation constantly, not those locked in waiting for favorable move in their direction. If you think charts are price predictions then you are reading or listening to very misleading experts or strategies. They are heaps. Try google Elliot wave, harmonic patterns, Astro trading and the latest I read this week occult physics!
Charts are there for you to manage your positions. Heard the expression 'don't let a small loss turns into a big loss'? So let me guess, when in doubt stick it to long term? Because I've gone my research I know where price will head to?
I hate to say this but when the hanlong offer dragged on and arrest made, even blind Freddy saw the writings on the wall. It's a case of look but not see, hear but not listen? Tha magic hands of GJ. Look at GBG another market darling turning to a nightmare. At least he gave it the best shot unlike CFE. Punt with the devil there and this is what you get.
SDL Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
