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Re: LIVNCHILL post# 10808

Friday, 01/08/2021 10:44:21 PM

Friday, January 08, 2021 10:44:21 PM

Post# of 37840
Of course this is not an exact science but the way I am measuring the flag pole is from the low on 12/21 at .104 and then extend it all the way up to the high of 12/29 at .33. Then take the distance .33 - .104 = .226 and extend .226 up from wherever price breaks out above the top downward slanting line of the flag. My bet would probably be around the .50-.51 area where you MIGHT expect price to pause. Don't bet the ranch on it playing out exactly like that though.

For me it's not a real concern as I am in this for the long haul and willing to wait and wait and wait some more for much higher prices.

Hope this helps and have a great weekend! Next week could be a hell of a lot of fun!!




"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -