Hi Yilgarn,No, it doesn't make it harder to chart. The process...

Hi Yilgarn,

No, it doesn't make it harder to chart. The process remains the same regardless of the actual price movement. In some circumstances, it may make some of the conclusions a little less certain, but essentially everything remains the same.

I guess the main point is that I don't depend on charts alone so when you get to extreme price movements, or break through to 'blue sky' situations, I always look at all the peripheral reasons (announcements, overall market sentiment, how the rest of the resources sector is performing, changes to fundamentals, etc) and all the usual stuff as well.

I rarely depend on charts to show probable price movements too far ahead, but use them more to indicate good entry and exit prices for various stocks. I've stuck with pitchfork charting because it's worked very well for me in the past and hopefully, that will continue.

Regards,
Bones