Would you buy or sell based on this chart? Part 2

The stock was GOOG. I flipped - but did not distort - the chart vertically to make it even more difficult to guess the stock.

Screenshot-7.png

Screenshot-8.png

GOOG 1 Year Chart


Bry's reply was good.
Quote from Bry:
No, I personally would not find a trade in that
chart, but if a gun where held to my head, I would
sell. No evidence down trend is over.
More...

Edit Bry's reply to make up for the flipped chart:

"No, I personally would not find a trade in that
chart, but if a gun where held to my head, I would
buy. No evidence up trend is over."


And the post from feng456.
Quote from feng456:
I would sell. Seems like it's trending down and like someone else said, there's no indication of a reversal or exhaustion.
More...

Edit feng456's reply to make up for the flipped chart:

"I would buy. Seems like it's trending up and like someone else said, there's no indication of a reversal or exhaustion."


Any comments or questions? :)
 
Quote from FXforex:

The stock was GOOG. I flipped - but did not distort - the chart vertically to make it even more difficult to guess the stock.

Screenshot-7.png

Screenshot-8.png

GOOG 1 Year Chart


Bry's reply was good.


Edit Bry's reply to make up for the flipped chart:

"No, I personally would not find a trade in that
chart, but if a gun where held to my head, I would
buy. No evidence up trend is over."


And the post from feng456.


Edit feng456's reply to make up for the flipped chart:

"I would buy. Seems like it's trending up and like someone else said, there's no indication of a reversal or exhaustion."


Any comments or questions? :)
More...

Yay I feel validated.

Trading is a probability game though and nobody can predict the future. You win some and you lose some. I just got lucky on that particular one.
 
Quote from Trader.Fighter:

No offense, but what a stupid thing to do, flipping a chart, it's like vandalizing the little data that you provided.
More...

Exactly! this guy is a moron!!

what good is memorizing charts anyways? :mad:
 
Quote from Trader.Fighter:
No offense, but what a stupid thing to do, flipping a chart, it's like vandalizing the little data that you provided.
More...

Flipping the chart was to hide the very distinctive GOOG chart pattern and to get a different perspective of the chart. I got the idea from a flipped map of the world.

The chart was not distorted in anyway.
 
Now lets get to the second part. You can use all the tools available to you to answer the following question:

Would you buy or sell GOOG?
 
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