Hey @Film , Yes the "Dark Arts" indeed. Nice of you to start up a new Chart thread for 4DS. Most Chartist like to just draw a whole lot of semi random sloping trend lines on charts. I think that drawing up sloping trend lines makes them feel good in some way. Horizontal support and resistance lines are the only things that I pay attention to with stocks like 4DS. 4DS as we all know is purely a speculative punt. Its SP is driven by News and unfortunately the interpretation of that News by the punters out there.
My weekly VSA chart for 4DS is shown below. I have annotated the three most significant VSA signals on the chart. These signals are generated automatically by code based on the relative volume traded and the price range of the candles. The two pink horizontal lines were drawn on the chart and represent the limits of the high volume anchor zone from back in March 2023. These price levels seem to be in control currently. The Fib% retracement levels are also shown on the chart. I've always found the 50% level to be quite significant, but generally from the move down after a big move (pump) up.
Here's hoping the next batch of News is good.
4DS Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
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