Its the last I`ll say on the 10c call and feel free to call me crazy, but for a few months now I`ve been comparing and back testing quite a few identical breakout trends from all different sectors over different years, different price ranges etc etc, (I`m talking months long trends template matched identical) in some very comprehensive and also intricate ways, too much to mention here... before one of these breakout trends peaks there is a "flush"..this is the typical 50% plus "correction" as we know it..during this time price and sentiment go completely into reverse as those with no conviction for either their TA or FA take a loss and bail out.. pre flush is a strong trend in itself ..post flush the 2nd trend has a very strong one way (multibag move) to the peak...I think we`ll know by early to mid next week if a "flush" is over and the 2nd leg is happening here...but as I've said before if not then no big deal, will break even perhaps and start looking at the next one.....it shouldn't be this difficult to find multibager TA trades but this is still very much a bear market for small caps.![]()
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Price($) | Vol. | No. |
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