A trendline is better than a thousand(yea, even ten thousand fundamentals)

Discussion in 'Technical Analysis' started by wastelands, Apr 27, 2022.

  1. VEGASDESERT

    VEGASDESERT

    Im sure warren buffet would disagree with you
     
    #11     Apr 27, 2022
  2. a simple trendline breach tells a thousand tales
     
    #12     Apr 27, 2022
  3. themickey

    themickey

    A simple trendline breach tells fuck all.
    Those not qualified in trading need not instruct on trading.
    Those not qualified in fundamentals need not instruct on fundamentals.
     
    #13     Apr 27, 2022
    KDASFTG likes this.
  4. SunTrader

    SunTrader

    ! ETSY 2.png
    If you are looking to catch a trend change why look way down where your line is?

    Change happened approx $100 higher.

    Also though I prefer horizontal lines there were at least 3 other higher vertical TL's to choose from:-
     
    #14     Apr 27, 2022
  5. KDASFTG

    KDASFTG

    Max Babe,....you definitely hit the nail squarely on the head. Excellent comment and perception.
     
    #15     Apr 27, 2022
    maxinger likes this.
  6. themickey

    themickey

    Sheesh, you have more likes than posts :thumbsup: :D
     
    #16     Apr 27, 2022
  7. ph1l

    ph1l

    He already did (without an earlier trendline whose break didn't work out so well).
    upload_2022-4-27_16-38-33.png
     
    #17     Apr 27, 2022
  8. I see I'm not the only one that includes explosions in their charts.
     
    #18     Apr 27, 2022
    Nobert likes this.
  9. Jzwu2017

    Jzwu2017

    TA and charts work the best afterwards. Lol
     
    #19     Apr 27, 2022
    comagnum and Nobert like this.
  10. Nobert

    Nobert

    I have no clue how, but those rockets flew up into my long account, despite of the fundamental anti rocket shield.

    Maybe few lines, truly, is the answer.
     
    #20     Apr 27, 2022
    nooby_mcnoob likes this.