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chart analysis, page-16

  1. 487 Posts.
    Thanks for your prompt reply Katana, sorry mine took a while.

    Yes, from your posts I have deduced you are passionate about TA.

    2/ Looks like we were right about the double bottom. Don't think it will break below 11-11.5 as my theory was more based on the shareplacements, as well as to a lesser extent the double bottom.

    5/ My point regarding the trendline was, in the hypothetical situation of the fundamentals of the quarterly report being much improved, and the SP rose to 16 at that time then a massive gain from 12-16c would be missed. The best ratio gains are obtained at the bottom. I am aware as further time has passed the trendline would now not be so high, and thus this is no longer the situation.

    Best of luck with it all Katana, and if you are willing I would be interested to hear some clear cut predictions based on TA you are very confident about regarding any stock really, although particularly TMR, to demonstrate to me how effective this is. Maybe I will become a believer.
 
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