Soooo, I'm new at this, been reading as much as I can and following Rand among others. One question I have is looking at the long term could the retracement from the 20K highpoint down to the approx. 6K low point be considered a Measured Move? My A point is around 3300. If so then an upside target late summer would be around $23.8K. Am I being a knucklehead? Thanks for indulging.
that's nice but after 11k we have 9k again before moon :). check this message in 10 days
TomPower VictorMih
@VictorMih, right on Vic, and another idea here is a small H@S on the smaller timeframe that meet that target. also to the author you can have a descending wedge that forms a bull flag instead of a one with a shelf at 10k
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