If you compare this log vs. arithmetic chart, in log the trendline is intact (high in Feb 12), in the arithmetic the trendline is broken. Is this a problem? Do you look at log or arithmetic charts? Log chart http://stockcharts.com/h-sc/ui?s=PWE&p=W&b=5&g=0&id=p18028505251 Regular chart http://stockcharts.com/h-sc/ui?s=PWE&p=W&b=5&g=0&id=p99666956888
OK I figured out how to post these without links, plus added renko. log arithmetic Actually the Renko charts tell you a great deal - that the trend has been broken and a ton of volume has traded at these levels.
The other thing is that the base from Nov 12 to July 13 doesn't look symmetrical in the log chart, but it does in the arithmetic chart.
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