a good pick up bubwell on the resistance on axt.
i went to my weekly and found a good example of how
ichimoku is a reflection of the 50% of a range.
the big candle created a high and a low. pink went straight
to the middle, the 50%. then red arrived and pink was off
chasing the next 50%. by the time red was out of there,
blue arrived. green joined in and now blue is leaving.
they have all rolled through that 50% level.
currently there is a new 50% as support as it takes on
the main 50% level.
the daily chart looked good.
a break of resistance on the weekly would be strong.![]()
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- weekend charting 17 - 19 september
weekend charting 17 - 19 september, page-111
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