technical analysis quote from Top Trader book

Discussion in 'Trading' started by TradeBlazer, May 12, 2024.

  1. Tea anyone?
     
    #81     May 13, 2024
    Picaso likes this.
  2. 2rosy

    2rosy

    He also used fundamental analysis which he says doesn't exist
     
    #82     May 13, 2024
    longandshort, p0box4 and poopy like this.
  3. SunTrader

    SunTrader

    Sorry but I find "Stock prices are nonstationary" more informative. :)

    I always thought stocks prices were stationary. Who knew? Haha

    Welp maybe wxyz in Cincinnati didn't. (Who gets that reference?)

    Anyway don't mind me, its wine-thirty. Tea? :vomit:

    :)
     
    #83     May 13, 2024
    semperfrosty and wxytrader like this.
  4. poopy

    poopy

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    #84     May 13, 2024
  5. #85     May 13, 2024
  6. I have clearly stated my projection for earnings based on the chart...I even drew a cool chart pattern for you. ???
     
    #86     May 13, 2024
  7. poopy

    poopy


    Jan Smithers "Bailey Quarters" from WKRP.
     
    #87     May 13, 2024
    Option_Attack and SunTrader like this.
  8. Either way I would say we see $300 before we see $400...that's where price looks to be going. So it could have a miss tomorrow, or a beat, and then have a miss....somehow, some way the market will facilitate a move down to $300. It's kind of like Lamarchism versus darwinism. Clearly life does not just mutate randomly nor does price move randomly. Life makes changes necessary to survive...price moves to where it needs to go. :)
     
    Last edited: May 13, 2024
    #88     May 13, 2024
  9. p0box4

    p0box4

    Do i need to explain it, again ...?
    You gave long term projections which is not what I asked because it is not what you said in the first place.

    You said earnings had no impact on the stock price since it's all already in the chart and perfectly predictable.

    So, last time, Home Depot and Alibaba, up or down tomorrow and how much? You are the one who said predicting this was possible based on the charts, so stop wasting time and answer it already.
     
    #89     May 13, 2024
    longandshort likes this.
  10. p0box4

    p0box4

    Since you like to do long term projections, what's your analysis on this one.
    It's a daily chart, were do you see price 6 months to a year from this point.

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    #90     May 13, 2024