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Post by cretin11 on Nov 13, 2018 13:22:40 GMT -5
Hi Peppy,
couldn't it be a Diamond?
Draw two lines to connect the 25th June dot with top and bottom in September. Two other lines from the top until today and from the low until today. Try it!
For sure you know the meaning of a Diamond in Charts.
(I would have done the drawings, but don't now how to) Thx
I have no clue what Diamond means in charts, but a quick google search on it keeps yielding articles featuring the word "bearish" - so hopefully I'm finding the wrong articles, or there's really not a Diamond pattern (though i do see what the one you're suggesting, kimi). |
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Post by mytakeonit on Nov 13, 2018 14:58:14 GMT -5
In a nut shell ... peppy's chart just explains the flight pattern of those ufo's sighted in Ireland by several airline pilots.
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Post by agedhippie on Nov 13, 2018 16:05:49 GMT -5
There are a few books on technical analysis, but my favorite is Trade Chart Patterns Like The Pros by Suri Duddella.
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Post by xanet on Nov 13, 2018 16:33:06 GMT -5
While we are playing 'Pick a Pattern', I'll go out on a limb and suggest that we are entering a period of consolidation. If so, look for reduced volatility and relatively low volume until we break out, hopefully to the upside. None of this bearish nonsense!  The longer the price consolidates, the greater the prospect for a stronger break out. |
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Post by peppy on Nov 13, 2018 16:58:51 GMT -5
MNKD Nasdaq real time volume, 672,961 shares. MNKD Nasdaq summary volume, 1,352,931 shares MNKD $1.82. -0.02. -1.09% www.nasdaq.com/symbol/mnkd  |
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Post by mytakeonit on Nov 13, 2018 17:51:45 GMT -5
Boom!!! Down 2 cents!!! Gee ... and I thought we were going to end up maybe 6 cents. Guess I read the chart wrong ... again. Heck, it was mango who confused me.
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Post by mytakeonit on Nov 13, 2018 18:06:16 GMT -5
Okay back ... cashed the check and mailed them my personal check to cover the duplicate payment. Why not just return the check? Because it would be floating around their system for ages and they would be hounding me for a reimbursement. BTW, my wife wanted me to just return the IRS check. NOPE !!! So...I see another check in your future, back to you, with a letter advising you that you've overpaid, lol. hellodolly you could be right. Today we received 2 IRS letters ... one for each of us. It reiterates that we overpaid that $210 in 2017 and that we will be receiving a refund. Since we received 2 letters, does that mean that we will get a total of $420 plus interest? Too little to go to Brazil yet.  How many doubles do I need to have enough money? |
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Post by hellodolly on Nov 14, 2018 7:18:55 GMT -5
So...I see another check in your future, back to you, with a letter advising you that you've overpaid, lol. hellodolly you could be right. Today we received 2 IRS letters ... one for each of us. It reiterates that we overpaid that $210 in 2017 and that we will be receiving a refund. Since we received 2 letters, does that mean that we will get a total of $420 plus interest? Too little to go to Brazil yet. How many doubles do I need to have enough money? Stop begging...lo. |
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Post by minnlearner on Nov 14, 2018 8:20:57 GMT -5
Can you enlighten me as to the meaning of a diamond on the charts?
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Post by xanet on Nov 14, 2018 8:24:32 GMT -5
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Post by kimi on Nov 14, 2018 11:24:25 GMT -5
"Dass ein starker Impuls in eine der beiden Richtungen bevorsteht, ist nun vorhersehbar. Meist sind dann Nachrichten der Anlass, die den Kurs beeinflussen".
The Diamond is a rare Chartsignal - it reflects the uncertainty in the market. It could be the Top of an uptrend as well as the bottom off a longer downtrend. You'll not know in which direction the breakout will happen. But it will happen in a strong impulse mainly due to news!
The Main Information is: Be Careful - Be Prepared a powerful thing will happen!
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Post by peppy on Nov 14, 2018 11:44:00 GMT -5
I don't see a diamond in the larger scheme of things, they are top and bottoming patterns, we are in a pitter pattern, as in nada in the moment, just support and resistance.
if you want to see a diamond topping pattern look at the $SPX, $INDU, $COMPX.
down in test of top thread in the bowels.
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Post by mytakeonit on Nov 14, 2018 13:53:50 GMT -5
So we need a bowel movement and can say ... "Dass eis Good ... Dass eis Fine" ?
Diamonds are Forever ... Forever ... Forever
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Post by mytakeonit on Nov 14, 2018 16:12:20 GMT -5
Boom!!! Down 4 cents!!! But, $1.78 is the baseline that was set by God.
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Post by peppy on Nov 14, 2018 16:39:20 GMT -5
MNKD Nasdaq real time volume, 1,072,625 shares. MNKD Nasdaq summary volume, 2,648,065 shares. $1.78 -.04 - 2.2 www.nasdaq.com/symbol/mnkd |
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The longer the price consolidates, the greater the prospect for a stronger break out.
How many doubles do I need to have enough money?
