And then there are trendlines drawn on indicators - showing divergence at trendline break in the case of ATOS. What does that mean .... shooooort it or at minimum bail from long and grab a sixpack :-
I'm glad you mentioned divergence on indicators such as macd, rsi, ergodic, etc. Not to intrude on your prior history, but yesterday I was looking at ProfLogic's old posts from all forums and ironically saw you contributing on one of prof's threads at a different site. Around 2007 I was introduced to divergence by prof. It shows upcoming weakness. You're named popped up and I was like whoa, same guy from ET. Sometimes you need to check the fundamentals and ATOS is one where it's important. If you have a minute, check out the after hours chart. It almost went down to $7 which imo was a great opportunity but time will tell. I tried getting back in at $7.50 but had to settle around $7.75. Long term if they cure breast cancer then, wow.
Although I posted the previous chart I don't trade stocks, only futures. I do see (AH) trades down to as low as $7.21, but it has had a good run up from sub $2.00 back in late April so I'd look for a possible pullback before entering long term position. Although obviously, you might miss the train doing that. Friday's full day bar is a little bit ominous. A quick glance appears to have completed a EW wave 5. Maybe? As for ProfLogic, I take your word for it, but I don't remember the guy or discussion.
You answered your own question Overnight, "You're on ten on your amplifier You're on ten on your guitar, Where can you go from there, . . . where?" Tell him Nigel... " . . . These go to eleven." Why is this so complicated for you?
Then why don't you give a 1 sentence explanation of what works for you? Or are you someone that does not trade anymore? My systems speak for themselves. Every trade was documented, and the $ 10,000 I was paid by other traders to trade is on my 1099 that I got from C2.
Uh - Uh - uhhhhhhh, t-t-t, you didn't watch your videooooo, Could it be that you miss out on some as yet un-percieved benefits to which you remain still unaware? https://voodootrading.com/ Your queued video gives the answer on cue, watch and learn. Nigel lays it out as simply as can be done, as far as he goes that is... We've come a long ways since the days of Nigel, but he was the canary in the coalmine of excess. Be still and knowwww..... straight man reiner asks his question, you can relate... but can you wrap your lobes around response from Nigel, a master of the obvious.? Why go to all the trouble reiner proposes in his question? Nigel is not an electronics expert, but he can make it go to 11 using a common sense direct method. Nigel:explains -"What We Do Is..." " . . . These go to eleven." Why is this so complicated for you?
Nowhere! Exactly! Up or down on the trend-channel-break? There is no predictive power in a trendline! So nowhere! Exactly!
"...Where did you get those charts?" steely dan "...is that a real chart or is that a Sears chart" frank zappa queued ... " . . . These go to eleven." Why is this so complicated for you?