Simply the behavior of price through time observed technically. As you know there are many ways to interpret and forecast said behavior through patterns, fib, wave structure and so on.
charts would not help what will help is an understanding that all working methods are based on the probabilities in trader's favor, which does not mean that that each case will work out in trade's favor
Care to explain and correct my false and misleading statements? Not trying to argue or debate, just want to understand your view. Thanks.
%% Fidelity Capital Markets/General Haggerty likes a 200 day moving average, even though he warned they[ institutions] may not admit that LOL. Also factor in your own personality; for example if you like cons like bitcon/bitCoin or insane priced tulips; prefer tulips , @ least you have something fragile to enjoy, for a short time. Some have paid over 200 time face value on old coins, no con; something done @ auction, would not call that insane, mostly; even if he never gets his money out of it.NOT a prediction; nor was i suggesting you pay an insane price for plants.
Yet I look at the AAPL chart over it's lifetime and shake my head. This is seriously long-term, sure. But somewhere in there people started making money longing this monster, even on the short-term. Imagine getting in on this at $1 per share before it's meteoric rise. UG! https://www.google.com/search?sourc....1.64.psy-ab..6.7.1136.0..0i131k1.KgEfhwAW2Fo
%% I buy + sell, even though i have a different nickname; its not a bout prediction @ all. Even thoug SEPT tends to sell off in DIA/DOW .... NOT a prediction