Nice thread and initial chart CS. (by the way would appreciate a lesson on the basis of the support/trend lines (are they "speed angles") shown on the chart ... look elegant but not sure of there origin?)
Thought i would throw up a couple of charts that I have been playing with (apologies for how crowded they are as they are my "working chart" and too lazy to cut all the irrelevent stuff ... even my notes; I hope they are legible?):
First longer term 94 years or so) showing the range of speed angles that are repeating and my pitch forks, (p/f)
A few observations:
-chart actually has 4 different speed angles shown
- note the classic measured move (MM) in 07/08; moved price from $15 to > $40 (glory days for long term holders like myself ... didn't even know what a MM was back then but enjoyed it! LOL)
Now lets have a closer look (below) at the last 8 months or so:
-In feb it finally broke out of the 15 month "wedge pattern" that it had been trading in ... fortunately to the upside
-it has recently "smashed" my 2 shorter range speed angles and has a potential target of around $42 for the third one (4th speed angle not shown but projects price to $47 ... could it?)
So final comment: this is supposed to be a +ive thread so with the greatest respect Selmax (one of my fav posters!) take your talk of shorting somewhere else!!!
I want this puppy to go way further LOL
As always welcome feedback or comment + or -!!
GJ
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Last
$285.10 |
Change
-6.060(2.08%) |
Mkt cap ! $138.0B |
Open | High | Low | Value | Volume |
$289.85 | $291.99 | $285.10 | $215.2M | 748.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2976 | $285.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$286.53 | 75 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35 | 285.030 |
38 | 2163 | 285.000 |
1 | 94 | 284.930 |
1 | 5 | 284.800 |
1 | 40 | 284.650 |
Price($) | Vol. | No. |
---|---|---|
286.590 | 59 | 1 |
287.300 | 348 | 1 |
288.870 | 54 | 1 |
290.000 | 796 | 4 |
290.250 | 100 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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