re: pelsaert chart chat Yes thats right however we still have support
(as Thin and manipulated as it may be) at 37.
The green and red lines are Count Back Lines fron Lows and Highs set at three periods
IE if the stock closes on Three Higher Highs such as it did on the 16/06 at 42 close the Green Line drops below the price as a Long Entry Trigger, Note its not the only Buy trigger, Just look at it back tested to get an idea..Similarly if the stock closes on three lower lows the Red Line triggers a sell..
You need to combine those levels with Fibonacci< Moving average and trading pattern indicators for confirmation
cheers
john![]()
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