IMU Chart, page-4

@KentJC

"I am going to have to learn more about charts and how to read them. Very new to this but can see they are a valuable tool."

Welcome to a brave new world...

First lesson: A chartist is just a gypsy wearing a suit.
Second lesson: Charts instantly lose any meaning they may have had in the presence of new fundamental information.

That said, during my fifteen years trading futures and bonds of banks, I often kept a "point and figure" chart. Not because I believed in charts, but because it allowed me to anticipate how the chartists would act...

All the best.