Sunday, January 21, 2018 12:46:21 AM
$PDXP Chart 50% Retracements, and why they are an excellent time to tank up on shares. Look at every run up followed by a 50% retracement [some more, some less] and what they did after these consolidation periods. Without fail, every single one ran up after the retracement, which is exactly where the chart is right now. If history repeats itself, [which there is no reason to expect that it would not] then the chart is setting itself up for another run up. I can't say for sure how high, and for what duration it will be, but I am 99.9% sure that it will happen.
The reason is the "Symmetrical Triangle" plain as day, staring you right in the face. Snap a line from the "Top Most" candle in the current formation, down to the current candle. Then snap a line from the "Bottom Most" candle up to the current candle. A perfect Symmetrical Triangle has formed, that has come to a point, as evidenced by the tails on the last five candles indicating that a reversal is imminent.
$PDXP
The reason is the "Symmetrical Triangle" plain as day, staring you right in the face. Snap a line from the "Top Most" candle in the current formation, down to the current candle. Then snap a line from the "Bottom Most" candle up to the current candle. A perfect Symmetrical Triangle has formed, that has come to a point, as evidenced by the tails on the last five candles indicating that a reversal is imminent.
$PDXP
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