bacchus,
wasn't you, i remember your post
have to remember all your questions, but sitting at 22 due to placement, doesn't have to be but people trade off this same as vwap
trust me when i say all who say charting is no good , eventually they will end up using it
like day follows night lol
thats the only reason why i raised my past question seeking out who iwas talking to
i have seen a few change their attitudes eventually and use charts, it amuses me
never take any of your posts as targeting me or any other
appreciate how some say not taking a shot as this confirms genuine integrity, but know this beforhand
anyway, charts move in cycles, some like to say coincidence or fate or just luck you know?
moving avearghes get closer so does the bands as trading gets tighter with less volume and volatility upon anticipation of news, progress or the such
at this time directors might be taking positions, large buyers coming in and then the chart reflects this
people who are studying the chart and know a bit about them can take advantage of this and make a move
martis seemed to have some experience over the years using charts and his unemotional approiach was good, coupled with a few other indicators the chart can be used to trade easily to gain more stock or maintain exposure if taking money from the market
charts do not dictate sp but give you an indication of trend
cup and handles are formed by trading in the security a certain way, they don't always resemble the last cup and handle one might see but they work on a cycle
this might not be the case (with cvi)as i personally have not focussed much on them but it seems one is forming
the handle may take from a week to 4 weeks to form but other factors must be present for it to eventuate like it should
past trends and current
also the values of the falls rises of the pattern and duration
i persoanlly couldn't give to rats about them as i'm only here to make a killing, smae goes for projects, all i want to see is sp gains
but we all need to use these tools to take more advantage
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