Quote from: Callahan on March 17, 2016, 01:45:54 AM

Quote from: 2015Bubble on March 16, 2016, 10:22:42 PM

Breaking out of the channel?

[img]https://media.giphy.com/media/3o85xoSCAZCXrUHjpu/giphy.gif[/ img]

What price is the break?

I don't really know what are channels either, and some of the technical analysis can be just bonkers...

I suppose the channel depends upon which graph? Huh

Based on previous resistance points, we gotta break $425, then $450, then $467, then $650.............

We gotta get passed three barriers (which are probably not insignificant) before we experience a mini explosion...

Probably we are well on our our way to testing the $425 point within the next 48 hours... which is maybe a a 50/50 one to break,

then $450 is probably less than 30/70 to be able to break that one within the next couple of weeks...

Maybe I am too pessimistic? Anyone else?