WHAT ABOUT BOB ?
WE SEASONED PM INVESTORS KNOW HOW BIPOLAR “BOB” IS …TODAY WAS A CASE IN POINT …BOOM ..A MINI CRASH WHICH LEFT AN OBVIOUS DOUBLE TOP IN PLACE
NOW WHAT ?
IN ROUND NUMBERS BOB IS PRESENTLY AT $28
HE BLEW THRUOUGH THE BOLLINGER BAND THOUGH SO A BOUNCE IS DUE IN THE NEXT COUPLE OF DAYS AND ONE WOULD EXPECT A RETEST OF THE DUBBLE TOP “HUMP” AT $29
FOLLOWED BY A TERRIFYLING DROP TO SUPPORT AT 26 …A FIBO SUPPORT PLUS THE BREAKOUT LINE PLUS THE 200 DMA PLUS A GAP …ALL AT $26…THAT HAS TO BE THE MOSTSOLID SUPPORT LINE IN THE HISTORY OF SUPPORT LINES
IF YOU’RE PLAYING THE STOCKS THING LOOK TO GET QUITE VOMITILE !
IF YOU’RE STACKING PHYSICAL …A POTENTIAL FIRE SALE IS APPROACHING WITH NEAR ZERO CHANCE OF ANY MORE SHORT TERM DOWNSIDE IMHO
IF COURSE WE JUST HIT A FIB TODAY…COULD THAT BE IT ?
OFTEN BOB SEEMS COMPLETELY OFF HIS MEDS AND OUT OF CONTROL…BUT THIS CHART SAYS HE ACTUALLY BEHAVES WELL FROM A CHARTOLOGY PERSPECTIVE
GOOD LUCK : BOB’S YOUR UNCLE
or … that’s a head and shoulders in the works.
Not what I called for earlier, but it would fit, and I wouldn’t dismiss it.
Or a messy imitation of the 3P&DH where #10 lines up with Oct
https://finance.yahoo.com/news/three-peaks-and-a-domed-house-top-in-play-again-215311739.html
Brilliant perspective, in my opinion – especially the highlight of $26. It justifies my faith in the 200 dma.