not sure anyone’s chart can predict the binary nature of a licence renewal decision. Maybe if there’s a leaky boat, I suppose.
I had a quick look at some charts and didn’t find much of current use on the daily. But I did think this 5 year Weekly chart might be worth posting for anyone just interested in holding LT...the 20, 50 & 100 WMAs have all recently golden crossed again. The light blue upper trend line over the last year looks like it’s forming a new channel with the green lower trend support line that I’ve added from right back in 2015. Assuming the licence gets renewed and everything goes swimmingly, this might be useful in years to come for anyone wondering when they’ve ridden a good thing long enough - so worth considering selling out if it ever falls below the lower green trend support line. Also for those that like to mix it up a little, worth considering a ST sell if any spike happens to result in a break above the top of the channel in order to buy back when it settles back down. For me, it’s a strong hold for as long as the up channel continues. Looks like it should add ~$3 every 4 years. Nothing lasts forever, but long may this one last for the LTers...
