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New TA/Charting, page-7176

  1. 4,558 Posts.
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    lol, I don't know should I laugh or cry!
    TA encompasses wide range of analytical methods like statistics, past performance, etc. Not just visual candlestick pattern analysis.
    FYI orphan period is statistical probability based on past performance of large sample of entities with similar attributes. It's the manifestation of Fibonacci retrecement statistical pattern; Wyckhoff distribution-markdown-accumulation-markup principle and support/resistance zones based on previous accumulation/distribution volume analysis.
    You can't get more TA than orphan period.
    Chart would be just a visual representation of saying: x amount of stocks retrace x% during orphan period.
    OK, TA police?
    Fundamental views, that cracked me up laughing good in the end actually.

    Last edited by BabaRoga_space: 28/01/22
 
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