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123tom

02/02/17 6:49 PM

#89644 RE: falconer66a #89643

nice post falconer...


so can you forecast when you think there could be a "Biogen collaboration" coming ? I would taylor my chart analysis to factor in for that kind of timing.
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XenaLives

02/02/17 6:51 PM

#89645 RE: falconer66a #89643

Watch the volume more than anything.... Keeping it as simple as I can.

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XenaLives

02/03/17 8:08 AM

#89718 RE: falconer66a #89643

Falconer - I really don't "promote" my charting method. I share it and hope that it will be helpful for some. I actually believe that charting is like art appreciation - an indicator can ring true for one person and not another.

The data that is represented in the charts must also be placed in context - that somewhere between 50 and 100% of it on any one day can be artificial swapping of shares and selling shares that are not owned.

I use a combination of indicators because for example A/D despite being unreliable for actual stock strength will show when a stock is artificially being diluted. I like the FTR because it does seem to foreshadow moves of the big boy in a stock.

Still, these indicators have to be read in multiple time frames to get a fulll picture. For example, the long term bullishness of the Anavex chart is surprising in view of all of the ups and downs we've dealt with, I'll post it later as I am not at the computer with my chart setups right now.