Can yall help me break down this chart movement?

Every profitable trader who converts parts of their profits into investments will be a millionaire eventually, even if not by trading alone. Keep that in mind.

 

not humble, just not necessary. That's how I would feel.

 

Well, if anyone here is making millions, they are also keeping their skills a deep dark secret .

 

If someone is making millions, I don't think they will be on ET. They will be busy doing something else. LOL

 

Synthetic bars. No thank you.

 

Only the ET trolls make the millions. They regal the ET troll crowd with their trading mastery yet, ask for help handling their trades? Go figure that one out.

 

Big head show-off master traders talking of millionaires like if they didn't exist...

And they don't even realise how ridiculous this is.

 

That chart is just a reflection of what happened with the company's IPO.

https://investorplace.com/2022/06/lytus-technologies-lyt-stock-plunges-90-percent-in-freefall/

If you go back in time you will see more than a 150% gain in the previous month. If you want to apply price action analysis to a chart you need a more stable company with strong fundamentals, otherwise anything can happen.

 

You perfectly proved the point that TA is akin to reading tea leaves...

 

So, the charts have a personality of their own and are out there to make unwary buyers believe certain things? I guess you have it upside down. Charts are nothing but a reflection of past prices.

There are so many con artists out there because there are so many vulnerable prey who want to believe in candle and bar formations...