There is no way you can read .056 from a chart. News drives charts.... charts do not drive news.
I understand everyone's facination with charting, but reality dictates that without news, charts are like riding a bike 50 miles without a map.
So your saying [real-news and the chart is the fuel for a takeoff], correct? Lets see, if news comes out and it's good, then the stock goes up, thus a chart change, correct? So if you have a chart change, because of news, you're calling this a "nice chart"? I can see why after the 'effect' of news, one might bring on the conclusion your 'analysis' of charting makes sense, but again reality tells us... charting is nothing more than an after-effect of a market driven by good news or bad news, and how it looks to investors.
Let's just put things into perspective.... charting is second hand with a lot of adjustment dictated by news or lack of it.
Now if news brings the pps up within the next week or so, your a genius, right? But if news doesn't come, and the stock drops on "whatever", then your not? You see the variables witin charting are like the variables going to the grocery store....
Nothing personal here 'flix', it's just easy to real between the charting lines of inconsistancy...
Temp'
Oh yeah... and by the way... this has to dow with PBLS so it doesn't get deleted. Cheers!
