swing traders only-gauging the exit signal, page-9

Hi rubydiamond,

You are welcome.

I wish I could give you an answer with great certainty on your question whether VPG will drop down to 0.07 cents, but as a private student of price movements, I can't and simply because I believe in letting the market tells me what it is doing rather than going on pure forecasts.

However, by using drummond geometry, it is possible to define the projected price action for next week, namely the upper and lower limits of the projected price movements that have a good chance of occuring.

By using drummond techniques, I find the price movements for next week will likely move within the high limit of 0.11 cents ( normal high) and 0.126 if there is extended bullishness. When the market turn bearish, a low price limit is pegged at 0.075 (normal low) and 0.061 if there is extended bearishness for the market.Once again, these are projections and not written in stone and provide guidelines to assist in our trades and nothing more. Will the stock moves up first and then pullback again next week? Let's see, and also please DYOR.

Also by using time studies such as clustering and computing time days, a trader can get some idea of when the time for a change in trend will occur ie a topping over day or change in trend from up to down eg. when time and price is "squared" ( WD Gann).

Hope someone else can help answer your question and provide you with more information.

Cheers!

dascore