Charts and time frames is something that really takes a while to figure out. AD and I had this discussion a couple times before often you can look at 2,3,4 different time frame charts on a play you like and often all 3 or 4 are showing something different. Understanding how to blend them and see what is happening dialing a chart back to a longer timeframe to try to put the picture together.
What I really like is the 60 min and daily. Your GTAT play was a good example of that last month. Daily and 60 were turning together made for the perfect bottom call at that time and would have been a good swing.
If I were buying shares of something to hold and not looking for a swing trade the weekly is a must. I know when AD mentions a play usually always has a stud weekly chart is something I've noticed.
I didnt have the time to explain the last time you asked and I really wanted to reply. I was glad D stepped in on that one!
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