Fringe, did you mean to say .225 or should that read .0225?(never mind, saw from a later post you meant .0225) The reason I ask is I did some calculations myself using a differant method and came up with a possible high of .0245 (conservative) on the next run (which is roughly just over 100% increase) ...to me it is promising that our differant methods would reveal close to the same target price. // I have never used the Pitchfork Tool much, so I will have to spend some time expirimenting with it before I understand its application, and I will be watching it play out in the near future from your chart. As far as the channel is concerned, It seems likely to me that our PPS will be playing within the parameters that you have set. Of course, as you put it... "it is bound by the assumption of two things: 1./ The breakout will follow through and be sustainable and 2./ the trend developed on the first move of this stock will continue, to a degree."
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