weekend charting, page-74

Ya (KAR),

I was just passing home for lunch, so I decided to check the thread. Could not believe it when I saw the request for KAR.

This is the chart I did 3 weeks ago for suzie911 I think, which I posted on the KAR thread, only to be told to go away because charts do not apply to KAR, although I never did get what made it so different from the thousands of other equities that charts do apply to.

So here it is again, same lines with a few extra daily bars in it.

The synopsis is still identical. In fact I rarely chart an equity which tracks so closely to a forecast. It will continue to gently decline in the cyan lower channel, capped by the red fork median line as it approaches the support tyne of the IT black fork. At that point, circled, it will probably break either up above the blue ML or down to the blue support tyne, and the direction of the break will probably be news related.

I must admit I have enjoyed watching how closely this one track the chart patterns I laid out for the KA crew last time. Be sure to send my best wishes to Goldie.

c u rfta 8.