AI
Tuesday, September 27, 2011 4:06:44 PM
ITNS – Drew some lines on it.
I've been reading Technical Analysis of Stock and Commodities magazine for some time, and I've tried to draw some lessons along the way. Many have been conflicting lessons, to be sure.
I don't remember exactly who said it, or exactly how he put it, but the gist of it was that one trader's rising wedge is another trader's falling triangle.
You get the idea. Charting is subjective. That's what I'm digging about chart.ly. The different perspectives on the same series of events.
Here, for what's it's worth, is how I see this setup.
I've been reading Technical Analysis of Stock and Commodities magazine for some time, and I've tried to draw some lessons along the way. Many have been conflicting lessons, to be sure.
I don't remember exactly who said it, or exactly how he put it, but the gist of it was that one trader's rising wedge is another trader's falling triangle.
You get the idea. Charting is subjective. That's what I'm digging about chart.ly. The different perspectives on the same series of events.
Here, for what's it's worth, is how I see this setup.
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