charts

Just to change the subject from the drivil.
If you look at the 3 month chart on about the 23rd jan the SP gapped up, which means there is a gap in the chart that eventually needs to be filled.
That gap was filled on the 24 march as you can see but the next trading day it left a small gap down.
Now although its small its still a gap that needs to be filled so when KAR turns $5.50 is the gap target to be filled.
I know most on here do not believe in charting but the fact is that most professionals use them (which i'm not, just incase the children on here jump on that)
The fact is nearly 100% of gaps get filled unless of course the share is a total basket case.
If you dont believe me try a few examples out or check the KAR chart.
That should keep you kiddies busy for awhile.
Meanwhile i did say $3.95 and got pooh poohed.
The chart said that was where it might go though so cant take all the credit...lol