I don't know anything about charts, but I am pretty sure they are not a 100 percent guaranteed way of predicting SP. So with that in mind, how long would the share price have to consolidate at this level before the chart changes and your current prediction is wrong? Is it possible that a chart could be read in a multiple of ways? Sometimes what looks like a snake, was really an elephants tail.
Please let me know if I'm talking gibberish, I actually would like to understand charts more
Galaxy... GXY... Chart..., page-2122
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