Loading ...I’m trying to figure out what seems to not high traders if Armstrong was talking ECN or stocks with the move down to 2020 as even with your low volume chart it seems bullish. So I read a few more past posts from Armstrong and he said on one that since it surpassed the 97 month bull it looks to skip the first one too tired after work to remember that name and go to the next which is the plateau.
Description I found:
A flying plateau is a pattern that forms after a stock has made a strong move up. Strong stocks will consolidate gains sometimes in a flat, sideways pattern in a tight range instead of selling back. This is a very bullish pattern, especially if it is formed on low volume. Picture a 45 degree rise and then a move sideways for several sessions. Strong stocks tend to rest in these patterns, and then start another leg up.
Something to watch. In another he said this time there could be inflation the QE didn’t bring due to hording the money. That was a long one about why so if you want it I’ll post it.
He said the next inflation will be asset inflation not demand. Asset could be anything and hopefully everything in that class.
Maya I already had my turkey due to change in hours away. Didn’t work though never tripped or hit my toe on the pan. It’s only a bit past midnight there.
I remember going there alone once and my boyfriend kept calling me and waking me up at weird hours cuz time was way ahead there than here.