XPE Charts, page-6917

Agree with your comments just the chart needs comment on a cupla things.......

Yes setting up for a breakout .........ON NEWS.......
Yes news is expected coinciding with IOT conferences/expos.
all announced btw.

What has happened here is what most chartists do to suit their own beliefs, ie redraw the lines to suit pointy end hope/theory/breakout timing hope/ etc, but when the lines are put back where they should be - the current trading, which is beyond the pointy end of the wedge shows the limbo/uncertain aspect and the duration of that limbo without decline shows the underlying strength or confidence, which can be broken if required, see 6.5 recently.

What amazes me a lot about these threads is that there is lots of talk about how bright the future is and why doesn't it jump because it is so so bright we all have to wear shades and get lots of TU's but very little talk about the market makers who are controlling your emotions and purses. The purpose of which is to create support no less.

If anyone here wants to become an experienced investor don't listen too much to the short term and T+2 jackals, instead work out when larger positions are being taken and by whom, in other words follow the smart money.

See my previous post about this period and you will see that generally there is little reason to make lots of comments about xpe unless re-assurance that you might not actually be a pawn slaughter lamb is required. Every holder has a purpose, it's just that some are more unloved than others.

http://hotcopper.com.au/posts/18320389/single

and

http://hotcopper.com.au/posts/18367091/single

ifandwhen