Originally posted by Bayswaterguy
Hiya good aunty of the room (YOU know who you are bad aunty clear.png), always appreciate your charts and commentary from both, sober or non sober (cracking up to myself here). I suck at charts but trying to learn.
What do you make of BUD chart please, commentary of a finalization between 2 different coys (BUD being 1) for a big tender in latest 4C. Volume breakout Friday and today.
Sorry I suck at charts.
OK Lol Am comments are probably honest - not going to give direction on the origin of the fuel LOL-
Trying to learn charts is good try harder and put more time into that -is my comment - until you learn you will be relying on someone else's interpretation - and that can be as wide as the desert -
It is a subjective game -
BUD that has been kicking around for years - have zero clue about where the company is up to or if they are credible -
That chart has been around longer than I thought given it is a tech of some sort - hmm-
So I opted for the monthly chart - it shows the full monty of the history
Once again look at the history past and present for you own information of the FA it is usually a metamorphosis of a lot of things - some say the current situation is the only thing that is relevant - yep OK - but these old charts have a habit of visiting and respecting old levels of support and resistance - just call it the Zombie effect -
The volume has dropped right off so at a glance the potential target with amazing news and a world first strategy - ( which they will need to announce ) to get the hype back on point is about 20 - Not a bad chart - actually