hi guys
i hope you don't mind me interrupting your tete a tete.
somebody asked if i would draw a makdoodle for them, and this seemed the appropriate place to post it. i apologise if i am unwelcome...
it is obvious you guys have the current uptrend covered, so i thought i'd throw this one out there with a longer historical perspective.
for the record, i neither hold nor have any bias what so ever, nor do i know where any of the fundamentals stand. so this is pure cosmetic wallpaper, but it makes for a pretty interesting read....
just a straight closing price chart with a 50DMA, and some pretty colours. there is a very obvious cycle going on here, and it looks like the peak of the 3rd movement is approaching. 45c? late sept?
which is kind of spooky, because alot of charts i am toying with ATM are also pointing to late sept (spring equinox, if you like) as a kind of significant turning point. my interpretation would be that it could be time for the top right edge of a cup (and handle) to form?, or else a spike signaling a new downleg, depending on what is going on fundamentally etc
anyhoo, apologize again for the intrusion.
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