Trend has been up for 5 years straight. Of course it's going to look that way. The point here is looking past the curtain.
Exactly-- the hard right side of the chart. No matter how much the TA folks say they can call what will happen there-- they can't. surf
SHAK is a profitable growth company in a no growth environment.AAPL has a 200 billion share buyback program. Your only hope is a market correction at this point.
Monthly trend continues up, Daily trend had obvious downside reversal 4/27. Depends on ones time frame. Some here do not understand technical analysis and don't realize that no one is trying to predict the next bar--just the general direction of future movements. Doesn't matter anyway though whether long or short is correct--the essence of successful trading and money making is prudent risk management. That's the only true edge in this game. Fools abound.
And you can? Predicting direction is not enough as you have just shown us with SHAK trade. You have the same crystal ball as everyone else. Consistent ability to profit from correct forecasts is what matters, prediction itself is worthless. Correction: overall profitability, not necessarily consistency. Can you show that to a potential client signing up to your package or do you simply sell the forecasts?