Short Term trading, analysis and TLX noise - No investors keep out, page-544

OK then let's have a chart.

This is a bit cluttered however the key fact is I have added no lines to this for ages. Solid lines are relatively recent, dashed lines are really old. No lines have been altered or deleted. This is called "not cheating." The dashed blue line looked way out of date but ended up being quite useful.

The lines at 16,17 and 18 dollars are fix extensions for one of the previous major runs. They're not perfect but they're not bad either. Likewise they've been on the chart for ages (I mentioned these explicitly in previous chart posts).

So where to from here? Next fib extensions are at 21.20 (that's the 100% so may be significant), 23.50 and 26.40. See you there by end of next financial year.

Whoever it is that does the log plot, now would be a great time to update it (I can do one too but yours looks much better).