DISQUS

Market Folly: Technical Analysis: Charts With Solid Risk/Reward

  • ffxi gil · 1 year ago
    It's not a mistake and you don't owe anyone an apology. You're doing a good thing.
  • hypnosis.course · 8 months ago
    ‘Likewise, if we breakdown completely, the bottom of the wedge would be at around 600.’ - So the only way to confirm a downside move is if goes below 600? Seems kind of far. Should’nt be 50% of the move?
  • marketfolly · 8 months ago
    well, technically we were looking for 660 first... but we never actually hit that, we hit 667 or so. so yes, 660 was the initial target but 600 was the ideal downside target based on a confluence of earnings multiples down there, technical support, etc.