Please comment on this chart if you have time.

[semperfrosty]

Weekly chart.

I obviously have way too many horizontals.

SMA's are 200,100 and 50.

Does the drop from the triple top reset the chart in theory i.e it shouldnt top again at that level?

Am I looking at a head and shoulders pattern with a double bottom?

Thanks for any insight.

 

[Siddharth]

I see both side opportunity as trand line breakout but mostly upper brakout bcz all ready fake breakout make it once.

 

[vincentnyc]

Uh-oh….I see a triple tops…and u know what that mean right?

 

[SunTrader]

Help to know symbol.

 

[Big AAPL]

Help to know symbol.

Looks like a H&S buildout
Play it carefully and don't jump in prematurely.

 

[Big AAPL]

Sun Trader is correct...it helps to know the issue

 

[maxinger]

I presume you are a long-term investor/trader.

You cannot trade/invest when you don't bother to see the
SYMBOL & X axis.
Luckily you have the Y axis.
There are people who don't even see the Y-axis.

You cannot trade a stock without knowing
- the competitors
- which sector it is in


JUICY ZONE
that is the time to trade


GARBAGE ZONE
that is the time
- not to trade
- not to talk about the head shoulder head thing
- not to talk about the double top triple top thing

And if you missed profiting from the JUICY ZONE,
ask yourself
- where were you during the JUICY ZONE
- why you missed the boat

___________________

 

[schizo]

View attachment 315379

I presume you are a long-term investor/trader.

You cannot trade/invest when you don't bother to see the
SYMBOL & X axis.
Luckily you have the Y axis.
There are people who don't even see the Y-axis.

You cannot trade a stock without knowing
- the competitors
- which sector it is in


JUICY ZONE
that is the time to trade


GARBAGE ZONE
that is the time
- not to trade
- not to talk about the head shoulder head thing
- not to talk about the double top triple top thing

And if you missed profiting from the JUICY ZONE,
ask yourself
- where were you during the JUICY ZONE
- why you missed the boat

___________________

Dude, easy for you to say all this in HINDSIGHT.

 

[maxinger]

Dude, easy for you to say all this in HINDSIGHT.

Then simply avoid analyzing charts.
Then there is no hindsight problem.

 

[schizo]

Then simply avoid analyzing charts.
Then there is no hindsight problem.

Is that the best excuse you can come up with? Surely, you could have done better.

Fine, being such a smart dude that you are, why don't you tell me where this instrument will be in the next 3 months. Is it going up or down from today's price?

BTW I ain't picking on you out of boredom. But you have this habit of regurgitating "would, shoulda, coulda" all too often.