Thread: Bquat's Account Talk

Notice the change between the long bottom tails to a longer top tail to test the 18 day from below. Rate of decline seems to be the same:

Originally Posted by Bquat

Notice the change between the long bottom tails to a longer top tail to test the 18 day from below. Rate of decline seems to be the same:

Definitely an increase in the downward movement but I opened up the channel for the three bottom tails with the good 50 Day test. Today does confirm that we exited my Longterm Channel. At least we tested the rising 50 Day this time down:

Yes the Midterm a bull flag but we are still near the DBA Rectangle longer term top. I won't be buying in. Maybe I should try a box between my last exit and the last top to wait and see this level is resolved one way or the other. Just my thoughts and Spidey is mute on this:

That was a good size candle. Better than a Dead Cat Bounce. I didn't see it coming. Well it did confirm both the red line and the bottom of the Longterm Channel as resistance. I don't think many seen this coming expecting more weakness. Tomorrow we will see if this was a bull trap to get more people to jump in. I may again redraw my Midterm channel because the short term has been moving a lot:

Originally Posted by Bquat

Yes the Midterm a bull flag but we are still near the DBA Rectangle longer term top. I won't be buying in. Maybe I should try a box between my last exit and the last top to wait and see this level is resolved one way or the other. Just my thoughts and Spidey is mute on this:

Here's the box. Just my thoughts:

There we go so far. Went to slightly overbought at double top and back into the box:

This may be a breakout but we are overbought. I have failure to reengage. ​I need to see follow through tomorrow. This still can be a false breakout or abandon baby. This is just my feelings. Spidey is silent so far so the coin is in the air:

This is looking like a real breakout with follow through this afternoon

I am missing this breakout. How far can it go? Like I said "I am having a problem with reengaging". Looking at longer term resistance. I am not feeling this breakout but Spidey is silent so I really don't know:

Was Friday a topping Doji? Maybe not but are we at the top. Can we drop out of overbought today before embedding to the upside. We are at longer term resistance. I be still in G fund:

Originally Posted by Bquat

Was Friday a topping Doji? Maybe not but are we at the top. Can we drop out of overbought today before embedding to the upside. We are at longer term resistance. I be still in G fund:

Another topping Doji? Are we topping? Would be very good to test DBA consolidation rectangle as support: