Hi mate
Maybe I didn`t explain myself properly.
If you go back to June 2013 and take the base/bottom close at .004 on the monthly, that's the start of your baseline.
Draw your line to the next bottom at March 2015 at .008 then next at .013 on Jan 2018 then next at .016 Jan 2020 continue that line to today.
If it was to breakdown this month I get a bottom at roughly 2.3 this is all on a monthly chart.
I get about 1.8 on the weekly. Obviously the longer this semi consolidates the higher the base will be.
The Rsi is consolidating and in a uptrend. Money Flow has a bit more consolidation to go and the Accum/Diss looks horrible but that can turn around pretty quickly with good volume.MACD is not too bad either. This is all on the monthly
I don`t use to many indicators I like to keep it simple, seems to work for me.
If I wasn`t in the doghouse with HC I would trow up a chart, but that looks like it aint going to change any time soon.
IMU
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