At this point, too many variables and risks to really ‘calculate’. Calculations will be based on too many assumptions which invalidate any hypothesis derived. In this instance, I am lookinh at TA and the pattern over the last year. It is not an accurate science, but neither is all the rubbish being spouted here.
8 times in the last year, sheeple on this forum have been screaming “THIS IS THE BOTTOM, GREAT VALUE HERE!!!”. And every single time it has fallen significantly lower. If that is what you need to justify your view, then do your own math, praise your own analysis, and buy at your own risk. I need not justify my position AGAIN on this matter. It has been rehashed many times.
brave souls rewarded today, page-130
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