sharetrader
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  1. #11
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    4,252

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    Is the coming Election swaying you guys? ...The reason I ask is why do you think break out to the downside is going to happen with in the next month or two...Karlos's long term chart is exactly that...long term...The descending triangle is valid from the mid 2014 starting point and the apex is projected out to the year 2022.....Most of the breakouts occur 2/3 to 3/4 along the triangle towards the apex which suggests chances are the downward breakout would occur during the years 2019 and 2020.....A long time between drinks ..eh?

    The kicker is.. after waiting until the year 2020, when it finally happens it may go the other way and break out to the top side (36% chance [Bulkowski])......

    .....just saying

    Edit: Correction...valid from March 2015 not Mid 2014
    Last edited by Hoop; 16-06-2017 at 10:06 PM.

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