No, Van... you Can time the tops and bottoms..... as bright as you are, basic TA skills, Can find the top zones and bottom zones...PVG is in a "bottom Zone"now..... the 8 dollar area was a "Topping zone"
The topping zone started around 7.50 and ran to 8.80....yes its a big zone...but it Can be seen in a chart. Just like this "bottom" zone can be seen way ahead of time. I thought the 5.80 area would be a bottom zone....but as it developed, the chart also showed targets lower at 5.50 and 5.30 and 5.00 and 4.80...they are all targets in play..... Its hard to predict which target will become the bottom....but you at least can pick one and watch for it.... and get in the ballpark....by not buying at 6.80, buy at 5.50 instead. not buy at 6 ,buy at 5...follow the bouncing ball and you can decide ok, here is a bottom looking zone at 5.30 happening now....its a buy target zone. and thats good enough.
Can price fall more, down to 5 dollars , sure it can. I wouldnt be surprised at all.
Its just a matter of deciding which bottom zone target you want to buy. I started at 5.80, then a little at 5.30...and now I'm waiting for 5 dollars.
In the previous wave cycle, from the top zone, I made a technical buy at the 6.80 support....a small portion...Now I will sell that when price rallys back there. to raise cash, and carry on...
I dont know how else to play this rigged game, other than play the waves and eventually get out of miners.
