if the question in your first paragraph is serious then you would be well advised to steer clear of charting to assist your investments.
For example Beach Petroleum, intraday highs were: 27 Feb 2012, ($1.758), 29 Jun 2012, (96 cents), 28 Apr 2014, ($1.817), 21 Jan 2016, (37 cents). Drawing a straight line between $1.758 and 37 cents does not give any indication whatsoever as to management policy or execution of same . Which is what I have been repeating in my previous posts regarding Central.
In a collegiate spirit, may I recommend checking out the book " Charting For Dummies", Barbara Rockefeller, Wiley 2007. It gives what they call a non-intimidating explanation of the art.
Trust this will be helpful.
CTP Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
