weekend charting 17 - 19 september, page-15

  1. 2,810 Posts.
    Hi bubwell and thanks for the spreadsheet and charts.
    a thumb from me everytime.

    5Shareholder i have been charting this one
    for many months and have always liked it's chart.
    i have been in chart chats with R2R on this thread
    and my end conclusion was to buy off support.

    i don't trade stocks so i haven't traded it.

    i think it was ralom that introduced the importance
    of double tops and bottoms. if they are an entry they
    are also an exit. riv is looking at recent tops.
    i think it can break them but i then see resistance
    just above.

    i left the red line from an old charting.
    it was broken and current action could just be the backtest
    of that line. it would also give a double top.

    it becomes the question of trading the range or break out.
    riv has been strong, it depends on your trading strategy.

    Photobucket
 
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