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PutzMueler

09/01/22 10:12 AM

#82620 RE: chico237 #82619

Yes I’m a dreamer too.

I like cars and trucks. And I would own both.

We are at the pinnacle as far as the technical goes, because the handle should not fall more than 50% of the depth of the cup.

It’s beyond me why we could not sustain support at one dollar, but it is what it is. $.95 is 50% drop from the top of the cup.
Please no more lol

https://stockcharts.com/h-sc/ui?s=NB.TO
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We’re going down????????
I guess the market doesn’t give a rats azz about the cup and handle, it just wants to follow the 50 day moving average back up to the 200 day moving average, and hopefully we will break out from there.

“Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.”
https://www.investopedia.com/terms/c/cupandhandle.asp
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I guess I’m too much of a dreamer, because today’s share price shocks me, and I’m not liking it at all.
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Middleborder

09/01/22 2:53 PM

#82626 RE: chico237 #82619

Chico; Back ground info; Ford assembles F150 in Dearborn MI and Kansas City MO. (Other trucks at Avon Lake OH )

https://fordauthority.com/fmc/ford-motor-company-plants-facilities/ford-motor-company-production-status/

The planned Toshiba Battery plants are located about 25 miles west of Kanas City Missouri in Eudora KS. (Its already an EPA cleanup site which I suppose is one of the considerations in its siting.)



I have no idea if Ford and Toshiba are working together. It depends on what kind of battery they intend to make. Eudora is 4 or 5 counties away from Elk Creek. (About a three hour drive)

I really want to draw connections but I do not know that they are there at this time.