That's a great chart for how to short a stock, those downward candles. More candles than Dracula's castle. TA looks so good in an historical chart but when you build a predictive model based upon it , it fails to perform. Like Quantum physics, if you observe a particle you can change its path from the linear. The unobserved particle flies true. So we get a wave. I don't know much about TA but three candles up or down is the norm before it reverses. There is less churn, I mean there was heaps even on the results a week ago which were factored in. Everybody who can afford it is holding still by now, because it doesn't make sense not to. TA speaks of a double bottom so we might see that yet down in the sixties again. The J-Lo. At a subliminal level we know shares are like speeding particles that might crash if we look at them too much, this is behind sentiments like 'I'll put it in the bottom draw and forget about it for awhile'. Watched kettle never boil. That's a great chart you pulled together there. Top contribution. Three candles is all you ever get, unless you get four or six. In a world awash with sentiment some clinical TA is good medicine. I mean the fundamentals are good we all know. Got a pulse and all.
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That's a great chart for how to short a stock, those downward...
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