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Rafi Farber: CPI Since 1978 Points to Silver Top at $231 and Counting, page-7

  1. 2,959 Posts.
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    Charting is charting though! I don't have the chart data to see 1974 but the 2020 to 2024 triple tops have me intrigued!

    Triple tops are rare reversal patterns because they more often than not fail. The triple top at $30 once broken to the upside projects a target of $42.

    Interestingly, the $30 triple top is the handle of a cup & handle pattern. That C&H pattern projects a target of $48.

    So we have two targets;

    Target 1 = $42
    Target 2 = $48



    https://hotcopper.com.au/data/attachments/6169/6169811-5943307aad07031011403e56af478ee8.jpg

 
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