This is true, but charts can predict the bottom of
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Posted On: 03/11/2017 4:37:35 PM
This is true, but charts can predict the bottom of a retrace not the top of the kaboom.
Answer me this. You just buy at any price? Did you buy at $3.23 thinking it would continue upwards? If you did another buy after the pop, it was because in the back of your mind you knew it would retrace and you bought at a lower price. Right?
That's what charts help with. Targeting the base at which a smart buy is right. Not predicting the top unless you're heavy into the Elliot wave thing.
The nuclear blast will only last as long as the uninformed buy. Then it will again retrace, probably hard. I do think the big kaboom will happen, it's only a matter of when.
4
Answer me this. You just buy at any price? Did you buy at $3.23 thinking it would continue upwards? If you did another buy after the pop, it was because in the back of your mind you knew it would retrace and you bought at a lower price. Right?
That's what charts help with. Targeting the base at which a smart buy is right. Not predicting the top unless you're heavy into the Elliot wave thing.
The nuclear blast will only last as long as the uninformed buy. Then it will again retrace, probably hard. I do think the big kaboom will happen, it's only a matter of when.
4
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