Falling Knife
Regular
The last of the MMAs to turn upward is at least flat lined. My bias sees it marginally pointing upward after todays activity
Technical Analysis
- Thread starter Vojnovic
- Start date
old punter
Observer
Afternoon all , I would like to post a few charts here if ok ?
First trade on day 13 of the mirror pattern at 32.5 .
Now waiting for the low on 28/2/25 or 3/3/25 , which will be 2 months from the high of 45 c . Price must hold the 27.5 low for this mirror pattern to work and if so it implies the next spike high will be 60 cents based off the chart , view the dates and prices to see .Obviously I didn't make this pattern and I haven't updated it for a few days as where it currently sits is a random walk in my view . The date of the 10th day of the month could also be important and bought in the last low but am guessing the top date remains more important 28 -3rd of March . For the silly billies across the road [only one or 2 ] who blatantly ramp price daily based on some crap shorting theory , they have been exposed on brn and pls threads constantly but still allowed to post .
First trade on day 13 of the mirror pattern at 32.5 .
Now waiting for the low on 28/2/25 or 3/3/25 , which will be 2 months from the high of 45 c . Price must hold the 27.5 low for this mirror pattern to work and if so it implies the next spike high will be 60 cents based off the chart , view the dates and prices to see .Obviously I didn't make this pattern and I haven't updated it for a few days as where it currently sits is a random walk in my view . The date of the 10th day of the month could also be important and bought in the last low but am guessing the top date remains more important 28 -3rd of March . For the silly billies across the road [only one or 2 ] who blatantly ramp price daily based on some crap shorting theory , they have been exposed on brn and pls threads constantly but still allowed to post .
old punter
Observer
Try again , for this mirror pattern to work the low should come in 2 months from the high , whether that is double bottom at 27.5 or a higher bottom we don't know but with the high at 3/1 time is approaching at 3/3 which could also mean 28/2 [always give or take a day or 2 lol ] note the first high on 10/10 took one month from lows and the 3rd low [red line came in 2 months from the top . MIRROR PATTERNS ARE NOT PERFECT but the 13 days trade worked but the top on 24/1 didn't make sense to me but if u consider the first high at 32.3 may of been a fake break and 30 was confirmation on price ? which also meant the high at 45 cents was relevant . 15 cent low 30 cent top and now 45 top implying 60 cent top for the next range up [GIVE OR TAKE ] THE ONLY THING THAT SCARES ME IS THE MONTHLY CHART AND A RED BAR but as long as price holds 27.5 which is based of the low at 15.5 then 21.5 and now 27.5 all 6 higher GET MY DRIFT etc etc cheers old phart .
old punter
Observer
If only they would follow HWI lol , Computer hardware index , https://stockcharts.com/freecharts/gallery.html?$HWI middle chart is weekly and shows new highs
old punter
Observer
And the ramping continues over the road on BRN . x yz prediticed a 10% bullish day and even thought it would gap open but now still down 2 ish percent . If a few turkeys could read a chart there would be no need for incessssssant ramping !
old punter
Observer
Last edited by Ari" How the stuff these blatant ramps are not deemed illegal I have no idea . Dozens of similar posts on multiple threads and dozens of failures . My call is for the low to occur on 28 th of Feb into the first trade day of March which has remained constant from before I drew up the above charts . Give or take . As traders we need to go with the flow and with a monthly red month same for the indices the above up UP bottom picking trade may still fail . The bottom price may align with the 3/2 low or even somewhere inside that bar which was 32 -28.5 but but but . cheers
old punter
Observer
THE BELOW IS the covid mirror pattern on xjo , monthly charts , and we are now at no 8 implying next month is a flash crash . Personally I can't see it happening but a mirror is a mirror until it fails . Which means if it fails it could be a breakout upwards forcing all the mirror pattern traders to reverse their posi and go long ? Akka the great sp500 mirror crash of 1987 . But with a twist !
old punter
Observer
Support on a Friday but one week early ? but is it a con with price still sideways and a red month ? I am not a good reader of the depth as it is often opposite to reality and a strike near the big numbers in this case buyers may see them all dissapear but but but . Isn't it called spooning ? and illegal ? but only if they are fake ?
old punter
Observer
If my chart is correct we are now looking at the final week of this consolidation . Lets see if price mirrors the A or where we end up as it doesn't have to double or tripple bottom but but but
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