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Re: flptrnkng post# 79673

Tuesday, 11/09/2021 6:13:11 PM

Tuesday, November 09, 2021 6:13:11 PM

Post# of 81575
I don't care much for the mathematics behind it all. Sure I use the tools, but I care most what the charts say about the psychology of the trading, or psychology of the traders I suppose. When one applies the tools, clear patterns emerge if you know how to see, that are repetitive, certainly not at all coincidental, and sometimes they become predictable.

But you are correct, things can change. Patterns can be broken, no doubt. But, it often comes right back around. And funny, what you once thought was out of play, comes right back around smack into the middle of play. In regard to $CAPC specifically, my "guess" is we see $1.20 as a major player again....