@jeebumba welcome to this thread of TA discussion.SYA, was a...

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    @jeebumba welcome to this thread of TA discussion.

    SYA, was a wonderful stock wasn't it.

    I find most of these breakouts that moved into the weekly timeframe usually lasts 12-18 months with a few trades in between. At 5c, SYA would have been in weekly W3.

    EW is a wonderful thing and works very well in micro-caps. I don't know why but my guess is it's mostly trader driven and most professional traders follow a similar rule book?

    Combined with trend tools it becomes a very useful skill to have in the micro cap space.

    W3 is the EW master here, I've yet to come across another chartist who can draw and annotate such simple and informative chart on HC.


    Good luck!
 
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