2024 2H CHART THREAD, page-2

Almost the end of 2024 and time I think for a new 4DS Chart Thread. If anyone is interested that is.

Most of us LTH'ers are just keeping quiet waiting for the next technical announcement re outcome of testing of the latest Lot (cant' remember the number we are up to). My VSA (Volume Spread Analysis) chart is shown below. Anybody with any technical or charting experience would avoid making any predictions about where the SP is going based on 4DS's historical price and volume action. We all know that the name of the game with 4DS is SPECULATION. If the news is received as being bad by the speculators the SP will fall, and if it is considered good the SP will probably be pumped up. What a LTH'er does to manage their position when these outcomes occur is another question.

What a chartist can do is to try and get some sort of understanding of what may be going on with the current price action. The chart below may provide some insight. For me, it appears that the recent drop was a Shakeout, as suggested by P on the other general discussion thread (he has to get the call right sometimes). The last Very High Volume bar occurred back on 10/10 and resulted in a "Buying Climax" signal. So a trading range between 9.5c and 7.4c seems reasonable.

Here's hoping the much anticipated news is good.



Good luck everyone.