craig131

craig131

The bears seem to be effectively fighting the price rebound that was powered by an 'M' pattern formation. If they bring the price down to below that rebound point, they will have shown their overwhelming power. I am planning to short if the Bears manage to cleanly drop the value below the red arrow on the chart.

craig131

Looks like we have one of those 'M's popping up. Only reason I'm posting this is because a retracement at 61.8% (golden ratio or something) lines up with my other longer term bull prediction and it helps explain the recent shoot downward. Ms usually have an explosive retracement from what I've seen. Buying as soon as retracement starts to happen.

craig131

Nice steady takeoff and adherence to the curve.

craig131

Looks like it's breaking through resistance. I expect it to keep going up!

craig131

Predicting another price bounce this one off the lower bowl edge.

craig131

Value wavering at current price, possibly undervalued or fell too fast. Bulls have strong upward trends.

craig131

I predict a bounce off of the red line of resistance, dropping to at least the green curve and then bouncing back up to break resistance.

craig131

After levelling out, I expect the price to explosively move upward.