MQR chart, page-232

Hi, and may I firstly congratulate you on a great first post.

Can I suggest also you should never feel concerned about clarifying someone's offerings - we grown from learning and a forum like this should allow free and flowing dialogue.

Your point is indeed correct, as in fact is mine - when the 8 drops below the 32 it does indicate a price drop - I did not suggest it would be catastrophic but if you take the chart back even further you will see the result repeated.

I also applaud you expanding to the weekly chart - it gives a better long term view, particularly if one is long term holder.

Please feel to reach out at any time if you have any questions and I wish you a successful investing journey.

May i also suggest you explore one of our greatest chartists - he offers very simple charts

@Patterns