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Tuesday, 08/22/2023 9:40:44 PM

Tuesday, August 22, 2023 9:40:44 PM

Post# of 420
i'm back, but i'm not really back. too many loose ends laying about. social workers, doctors, specialists, general practitioners, yada, yada. ** note to self: don't get sick **

::sigh:: no thyme. but... lots of Rosemary. who's got plenty of parsley, but is no sage. what's a poor boy to do?

of course, i'm a little late to all the parties, but following from behind is a lot like chart reading. though you live in the present, you're always looking at the past to guide you through the future. which brings me to why i'm posting this.

this is the link to my charting of BDPT - - i used to be able to paste it in via the html codes and it would update but the feature is no longer available to me, so i'd have to load the image of a particular moment. i don't have the energy at the moment. and i have to be up and out early 'morrow morning.

https://stockcharts.com/c-sc/sc?chart=bdpt,uu[e,a]dhclyiay[dg][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la8,17,9!lah12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b

fwiw, its worth. i like this chart. it bounced back and closed just over the 20ma, mid-point of the bollies. with a white candle. a: thats a support line. and b: that could be a reversal candle. i see the stock is being pulled down by the 5ma, but that's a fast line. the 10 hasn't turned anywhere as much, and the other lines are still in an uptrend. more to the point, i can see through the CMF there's bee some pressure on the ask. the slower stochastics are in or near oversold territory. the inference in this is that the sellers, as seen in the Williams, are being bought up. none of the accum/dist, chi osc and obv indicators show the kind of dumping that could be seen leading up to August. and what's happening now is happening with low volume.

seems to me - - but, then, what do i know? - - this is a classic cup and handle setup and this could be near or at the bottom.

in any case, i bought this to go long. patience, however, is like everything else, a two edged word. it is both a virtue and a weakness. a disease so to say, and. either can kill you.

rich

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