I often accept such TA as informed perspective.... better than my understanding by far. Yet every rise has accompanied large scale news and the increasing frequency of such is, imo only, the pre-requisite for any significant rise in the sp.
At present our recent fall off the perch, especially today, is due exclusively to people wanting to take short term profits or to cut their losses after waiting impatiently for more good news to cause rises.
I still cannot understand how cyclical trading values can possibly lead to or indicate an incipient rise in sp. With well established profitable companies I can see the relevance but with the likes of RFX, with huge accumulated losses, even though we have no debt and apparently good prospects, I can't understand how such cyclic interpretation can be valid.
@wolfk could you please explain how such analysis effects RFX sp?
RFX Charts, page-3
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