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Re: None

Wednesday, 12/06/2017 12:09:13 PM

Wednesday, December 06, 2017 12:09:13 PM

Post# of 12439
BRANDO HERE IS A CHART,IT COULD BE A BAR CHART OR A POINT AND FIGURE CHART OR THIS CANDLE CHART.I DO AGREE NEWS IS NICE BUT TRACKING A CHART WORKS FOR THE GOOD.TO BE ABLE TO UNDERSTAND WHY PRICE DOES WHAT IT DOES IS NICE.THERE ARE FOUR PHASES TO A STOCK CYCLE,THIS INCLUDES ALL STOCKS.FIRST WE HAVE THE ACCUMULATION PERIOD.THEN THE BREAKOUT,THE TOP AND THEN THE DROP.ALL STOCKS GO THROUGH THIS PROCESS.
NO ONE IS SELLING PKTX RIGHT NOW.THE RISES IT HAD WERE MADE BY SMART MONEY TO ACQUIRE MORE SHARES.THEY WOULD CAUSE THE BREAKOUTS,THEN BACK OFF WHILE THE PUBLIC WAS BUYING,THEN THE DROP IN PRICE AND THESE BUYERS WERE SELLING AND SMART MONEY WAS BUYING THOSE SHARES.I CAN TRACK ALL THIS USING CANDLES.THE GREATEST TRADERS IN THIS WORLD USING CANDLES ARE STEVE NISON,STEVE BIGALOW, KERNICH AND MANY MANY OTHERS.
PRICE ON ALL THE STOCKS SEEM TO DO SOMETHING,THE HIGH THE LOW SUPPORT AND RESISTANCE.CANDLES ALSO SHOW MARKET SENTIMENT,MARKET SENTIMENT MAKES A TRADER GOOD OR NOT SO GOOD.BEING ABLE TO IDENTIFY IT IS TO YOUR ADVANTAGE. SO IF YOUR GOING TO LEARN CHARTING THEN I RECOMMEND CANDLES AND I HAVE DOWN THEM ALL. DO I HAVE SHARES,I SURE DO LIKE A COUPLE MILLION. THANKS
http://stockcharts.com/h-sc/ui?s=PKTX&p=W&yr=3&mn=0&dy=0&id=p63057952476&a=561462995&listNum=10