My adage is: everything is relative, market is always right, buy low sell high.
It took me awhile, but this is my preferred way of looking at market data. I'm only looking for relative high's and lows. The result is a strict 'whatif' using logical operators and looking only at price data and movement per interval.
Cheers
Despite all the gloom and doom, markets showing a surprising resilience.
(Graphs are a multi timeframe approximation: "top/bottom", per day/week/month)
Farm-out RNS no longer priced in due to oil drop recently.
I got 2 support lines but feel that price had an over reaction drop.
2.19p (hit this morning & bounced) & 1.75p as support
3.51p Target price
Completely unbiased as I do not hold this stock.
Op de AEX chart is de grafiek te zien op een 15m TF. Verwacht de AEX nog 1 terugval naar 541.2 waarna een stijging richting de top ofwel eindejaarsrally á 558+.
AEX index shows possibly the start of the C-wave down starting a topping period. -- AEX index staat mogelijk aan de vooravond van een daling van enkele dagen/weken. Ik zie dit als de start van een langere termijn top formatie.
US and Asian markets closed lower last friday. AEX opened very low.
AEX recover till end of week. General sentiment is positive, although Draghi made it less positive last thursday.
