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Oversold Rebound

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During periods where this stock is highly oversold, there tends to be a rather quick rebound. By creating trend-lines based on the previous highs & lows you can approximate the fluctuation in price. In terms of time intervals, I took the duration of previous runs and applied it forward in an attempt to forecast my price target to sell.

Much of this is self-taught, but I'm sure there is some technical name for what I am trying to do. But for the sake of accountability (mainly to myself) I figured I'd start publishing these to see how much bologna (if any) I might be full of.

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