Goodness @Skorzeny I just realised that you may have been serious as I posted a number of Andrews Pitchfork Templates elsewhere recently..
Like most TA tools they all need to be back tested to see how they performed with such things as a stocks volatility ranges.. So with IOT we can see that the Bullish Andrew trendline channels were short lived and not helpful and the bear trend channels were exceeded when the stock pulled up from its retrace trajectory recently.without reaching the midline target.....nowtrading.flat but not a bullish turn.."although this may yet prove to be the low"...The lower chart shows the continuation of the bearish momentum oscillators..and the double low point 41/42
IOT Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held