If the spin gets the sp anywhere in the vacinity of those charts then you can bet that the Chartists will be the first to sell out for at least a free carry and let the music stop wherever it may thereafter.
Suggest a review of qbl .
Nothing wrong with a trading run, but I prefer there to be some solid ground under the earnings, not just fuzzy clouds.
What are the actual company guidance earnings forecasts ?
Now you cant just point a stick at the industry and leave it fuzzy on what your actual share of that can be reasonably derived.
Technical analysis, page-170
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