Like other charts, my charts are also excellent at predicting past stock performance. The following is a recap analysis:
As we know, a BARF signal appeared beginning in early August when the PPS started to decline from .062 on 8-8, and continued into late October teetering around .02 cents.
At this point, a YAWN indicator flashed. Since the PPS basically did nothing and hovered at the 2 cent level for 2 months, the YAWN was confirmed thru November 28. On 11-29, it appeared a POOP formation may take hold due to sequential hefty declines.
Some chartists believe a POOP wave may have formed, or to a lesser degree a FART, fortunately, the POOP could not be completed and appears to have reversed and we are currently back at YAWN range. We'll need to wait a few weeks to see where we go from here.
We do know right now, the BAR is open, but that typically changes around 2:00AM, or due to VOLUME.
As a reminder to those in Chuck's DIY charts class, if the PPS goes "UP", draw an ascending line proportionate to "how much" it went up. Conversely, if the PPS goes "DOWN", draw your line "descending" in a proportionate manner. Remember to use as many colors as possible and lots of acronyms!
Based on the chart, looking at forward predictions of what could happen and general wisdom, remember:
Man who go thru airport turnstile sideways, going to Bangkok.
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