One of the famous value investor will like this security. It behaves so cyclically as expected since July 1996.
1. Price action: the tops are about 7 years apart, and i would expect the next top and highlighted euphoric moment around 1Q of 2015 or faster, (i may be wrong)
2. Pattern: This is a long term downtrend channel and yet an even longer term bullish flag (as drawn in the projection in price)
3. Major Trendline: Sell fully once the price close below a break of the latest uptrend line. (And when MACD showing a dead cross)
1. Price action: the tops are about 7 years apart, and i would expect the next top and highlighted euphoric moment around 1Q of 2015 or faster, (i may be wrong)
2. Pattern: This is a long term downtrend channel and yet an even longer term bullish flag (as drawn in the projection in price)
3. Major Trendline: Sell fully once the price close below a break of the latest uptrend line. (And when MACD showing a dead cross)
