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Hi Whytee, Thank you for your explanation. I guess my...

  1. bripoz
    1,172 Posts.
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    16/11/15
    10:30
    Post #: 16402830
    Hi Whytee,
    Thank you for your explanation.
    I guess my interpretation of "retrace" is incorrect.
    I assume a retrace occurs when a SP reaches a high ...THEN proceeds to decend by an amount of 62%.
    In your explanation... which fits the figures in Kates chart... the retrace did not satisfy my assumption.
    Again, thanks for your efforts.
    VLA Price at posting: 67.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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