@cha thx for mentioning WDS.
Downtrend line and even channel quite prominent here.
& I note my fav RSI div on last to swing lows
FWIW I have long redgarded WDS as an amazing TRADING share .... & I dod not look at it often enough.
Over last 20-30 years it has come in and out of favour many times. seems to me headlines range from NATION BUILDING COMPANY = at highs = Time to sell
CLIMATE CHANGE <insert whatever> = at lows = time to buy.
Had a look at the LT chart and quite graphic; all but 2 of the UPTREND Blue arrows below are 100% ++ in size ... the others >50%.
SOME MATHS
If a person was clever enough to get those moves then the return would be:
= {2 (power 6) x [1.5 (power 2) }x 100 = {64 x 2.25} x 100 = 14,400 %
Turn $10,000 into $1,440,000
E.G. 144 times initial investment
TRULY MIND BLOWING HEY?
even get "only" 50% of those moves then the return would be: 72 times investment.
-SOMEONE CHECK THAT MATHS
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