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tothe

12/04/17 11:54 AM

#118449 RE: General Grievous #118446

AMFE chart: Busted DT pattern now working into the long side trap that started in September. This could go on until mid 2018 because the float is so dammed big and daily volume so stinking low.
However technical traders are making good money on the high percentage swings + & - from the pivot point, S1 & R1.
It takes awhile to pump & deflate an 18 wheeler with a bicycle pump so the momentum traders might throw occasional tantrums and fits.


Busted DT rules
http://thepatternsite.com/BustDoubleTops.html