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You are correct Frank. A chart will never predict a black swan...

  1. dolphinwrestler
    1,600 Posts.
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    19/05/21
    18:13
    Post #: 53284691
    You are correct Frank. A chart will never predict a black swan event, but it does provide information for understanding how devastating the event will be on the SP.

    The imaginary lines seem to be saying the breakout of the downward channel was a dead cat bounce.
    5GG Price at posting: 81.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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