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I like to draw circles … just work w/ me. how the 1987 low and recent high are connected by geometry
Posted on October 11, 2018 Leave a Comment
a couple weeks ago I posted this: https://atomic-temporary-44460632.wpcomstaging.com/2018/08/30/jpm-and-tops-of-circles/ it was some geometric work I did on JPM and ‘real time’ the top of a circle. I do have a theory of ‘why’ this technique works in projecting support or resistance but I’ll leave that to me and some of my friends. it really doesn’t matter – […]
GE for a friend … let me know if you have any questions UPDATE: 03/31/2018
Posted on March 31, 2018 Leave a Comment
03/31/2017 – I like the .786 level in/around 10.95-11.56. Note the percentage change from the 2000 high (-64.69%) and how that same percentage change is present now right at the .786 retracement. We are at 40+ years low on the RSI and some overlapping ratio’s. It’s do for a very nice bounce. 12/7/2017 – […]
GE – ratio analysis, it’s the lowest in 40+ years
Posted on February 3, 2018 1 Comment
02/03/2018 have been eyeing GE BUY for the past couple weeks and am still hawking the 13.70-14 area. decided to do a ratio analysis of GE/NYSE. Folks, it’s the lowest relative strength for GE versus the boarder market (NYSE) in 40+ years. from a contrarian perspective .. this puppy is really really beaten up. am […]
GE for a friend … let me know if you have any questions.
Posted on December 7, 2017 Leave a Comment
12/7/2017 – see below. it’s pretty darn busted up … ———————————————————————————————————————————– wait for a little lower? note all three legs up (blue arrows) were exactly the same and so this move down was to be expected. using the last ‘big’ move down as a projection and it comes into that 23-24 area. I DO NOT […]
GE for a friend … let me know if you have any questions.
Posted on July 15, 2017 1 Comment
wait for a little lower? note all three legs up (blue arrows) were exactly the same and so this move down was to be expected. using the last ‘big’ move down as a projection and it comes into that 23-24 area. I DO NOT LIKE THAT IS HAS REACTED WEAK ON THE LONG TERM LOG […]
