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Well done!I'm all for a breakout through the resistance...

  1. 3,218 Posts.
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    Well done!
    I'm all for a breakout through the resistance line as I agree it should then move up significantly.
    The reason for the scepticism is we all know that charts are useful but not perfect, there is only a probability of it being right, let's be generous and say 55%.
    And then you have not even hinted at what indicators you are using that forms your opinion it will breakout through a line we have all drawn hundreds of times.
    In the unlikely event you have discovered the holy grail of tech analysis I can understand your reticence to not share, but then continue to expect scepticism.
    At least for once we have a "guru" who is bullish, we are sick of the more common bearish variety.
 
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